Head of Research at CoinShares: Bitcoin hash rate is falling because "miners are starting to shut down unprofitable mining rigs"
Golden Finance reported that after the fourth Bitcoin halving, the Bitcoin hash rate dropped, falling to the lowest point in more than two months on May 10, 575 EH/s, and then recovered slightly to the current level of 586 EH/s. James Butterfill, director of research at CoinShares, said on the
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
HYPE completes its first massive unlock, token price remains stable without significant fluctuations
Arthur Hayes responds to Monad co-founder: Unlock all tokens now and you will definitely succeed
Nasdaq executive: Tokenized stock plan is being actively advanced, with SEC approval listed as the top priority