Bitcoin network computing power drops by more than 20% due to the end of the flood season

According to BlockBeats, on October 28, according to BTC.com data, the average computing power of Bitcoin in the last day was 95.62 EH/s, and the average computing power of the whole network in the last seven days was 123.78 EH/s, and the computing power of the whole Bitcoin network dropped by more than 20%. According to Shenyu, the founder of F2Pool, due to the end of the flood season, some miners are currently relocating mining machines. At the same time, the outbreak of the epidemic in Kashgar, Xinjiang has also affected the migration of mining machines to a certain extent. According to the law, under normal circumstances, it takes 10-15 days for mining machines to be transported from Sichuan to Xinjiang by land. However, the epidemic has caused logistics efficiency to decrease, which may cause the migration time to be longer.