Data: The global Bitcoin computing power has dropped by 25% due to the cold wave in the United States, falling from around 600 EH/s to 450 EH/s
According to The Block, since last Friday, the total network hash rate of Bitcoin is expected to drop by 25%, from around 600 EH/s to 450 EH/s. The reason is that the Texas Reliability Electric Council has asked businesses and residents in Texas to conserve electricity due to a cold wave.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Schwab Says AI Is Past Experiments: Will It Echo the Dot-Com Boom?

Mid-point pricing, oversubscribed issuance: Bambusa (BBTX.US) IPO raises 169 million USD, market cap set at 815 million USD
Biotechnology company Bambusa priced its expanded IPO at a midpoint of $16, raising $168.9 millions, with a valuation of $815 millions. It will be listed on NASDAQ this Friday.

Cramer Calls Microsoft a Buy, Says Alphabet Carries Too Much Baggage
