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Head of Research at CoinShares: Bitcoin hash rate is falling because "miners are starting to shut down unprofitable mining rigs"

Head of Research at CoinShares: Bitcoin hash rate is falling because "miners are starting to shut down unprofitable mining rigs"

Bitget2024/05/14 10:26

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

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