Bitcoin Hashrate Plunging Amid China Crackdown

Name: Bitcoin Hashrate Plunging Amid China Crackdown
Uploaded: 2021-06-10T00:06:13Z
Duration: 51 s
Description: The bitcoin hashrate, which stands for the global computing power used to process transactions on the Bitcoin proof-of-work blockchain, is plunging to its lowest level since last November as several provinces in China are shutting down crypto miners. Christine Lee breaks down the data in today’s Chart of the Day.

Jun 10, 2021

The bitcoin hashrate, which stands for the global computing power used to process transactions on the Bitcoin proof-of-work blockchain, is plunging to its lowest level since last November as several provinces in China are shutting down crypto miners.

Up Next

Crypto Will See 'a Lot More Proactive Enforcement' Thanks to the Four Horsemen of the Cryptocalypse: Columnist

01:28

Video regression for 3.54.0 release [no, no]

Jun 16, 2023

04:48

Celsius’ Crypto Customers Face New Challenge in Retrieving Deposits

Oct 6, 2022

10:12

Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise.

Oct 7, 2022

Bitcoin Slips to $42K From Last Week's Yearly High; Ledger CEO on Future of Hardware Wallets

40:07

The last regression video of the year 3.67.0

Dec 12, 2023

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.