Bitcoin network computing power plummeted 40% within a month, which may affect miners' cash flow

According to BlockBeats, according to BLOCKCHAIN ​​data, the total Bitcoin network computing power (hash rate) on March 18 was 82.3 EH/s, the lowest record this month, down 40% from the high on March 1.

Data shows that on March 1, the total computing power of the Bitcoin network rose to a record high of 136.2 EH/s, and then dropped to 97.9 EH/s when the price of the currency plummeted on March 11, a decrease of 28%. The computing power on March 19 was 88.0 EH/s, the lowest record this month, down 35% from the high point on March 1.

According to previous news, after the sharp drop, Pan Zhibiao, the founder of Biyin, said in his circle of friends: Regarding the difficulty adjustment, there are still 11 days away from the next difficulty adjustment. However, if the computing power drops by 30%, it will become 16 days later. Miners must have at least half a month's cash flow.

Source link: https://www.blockchain.com/charts/hash-rate?timespan=60days