Bitcoin Miner’s Future Looks Bleak as Hash Rate Drops by 24% in Three Months | BTCMANAGER
According to a report published by Bloomberg, November 26, 2018, the Bitcoin Network’s hash rate has dropped by a whopping 24 percent from its ATH in late August 2018. This, in turn, could force many small and medium scale bitcoin miners to abandon their mining operations due to the inability…
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Honestly the reduction of mining power is a good thing. It now allows for it to be spread out to more people. So boot up those GPUs etc and start hashing it out fellow bitcoiners!