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It's funny you say that, because after adjusting for timezones, the two prior largest drops on that chart you shared are: Dec 25th - Christmas (obs .worldwide)
by BoiledCabbage 5y ago
It's funny you say that, because after adjusting for timezones, the two prior largest drops on that chart you shared are:
Dec 25th - Christmas (obs .worldwide)
Dec 16th - Kazakhstan Independence Day
Maybe not a robust analysis, but sure seems like events in Kazakhstan can have an impact on global hash rates.
- spiorf 5y agoZoom out. Drops of that magnitude are frequent. And why christmas should make it drop, while on the 1 jan was at all-time-high? Should holidays make it drop or grow? The drop in may-july 2021 is significant.