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Bitcoinist 2022-12-01 00:00:18

Bitcoin Hashrate Continues Sharp Plunge As Miners Give Up

Data shows the Bitcoin mining hashrate has continued its sharp plunge in the past week, as miners give up due to low revenues. Bitcoin 7-Day Average Mining Hashrate Has Rapidly Gone Down Recently According to the latest weekly report from Arcane Research, a miner capitulation might not have much impact on the price this time.

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