Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Bitcoin Network Hash Rate Mysteriously Flash Crashes by 40%
Quote
Bitcoins (BTC) network hash rate dipped a record 40% yesterday, Sept. 23, in a sudden shock for the network.
https://cointelegraph.com/news/bitcoin-network-hash-rate-mysteriously-flash-crashes-by-40
Someone does not pay the electricity bill.
https://www.coindesk.com/inner-mongolia-to-shutdown-illegal-bitcoin-miners-by-october-as-china-phases-out-industry
relatively old news - but worth remembering that one of Bitmains biggest mining farms is in Ordos in Inner Mongolia.