The network's hashrate has dropped about 20% over the past month as bitcoin's price collapsed and Winter Storm Fern forced widespread miner shutdowns.
Bitcoin mining difficulty drops 11% in largest negative adjustment since China's 2021 ban
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Bitcoin mining difficulty drops 11% in latest adjustment, the largest negative change since China's 2021 mining ban. Network hashrate declined about 20% over the past month. Winter Storm Fern forced widespread miner shutdowns and bitcoin's price fell during the period.
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