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Didn’t bitcoin survived the chinese crackdown on mining that yanked ~25%-ish of its hashrate overnight?
by irusensei 4y ago
Didn’t bitcoin survived the chinese crackdown on mining that yanked ~25%-ish of its hashrate overnight?
- capableweb 4y agoBiggest drop in hash-rate was in May/June 2021 when it dropped ~60% or something like that (https://www.blockchain.com/charts/hash-rate https://www.blockchain.com/charts/hash-rate), but yes, it did survive that (as the network is still running, online and working as it should). The all-time high of hash-rate for Bitcoin was in May this year.