Crypto mining Hashrate now down 39% from annual peak

the hash-rate has recovered from the peak-trough decline of 55%, to around a 39% decline. Should this level hold and be representative, it would indicate that hash-power equivalent to around ~29% of the affected hash-power has come back online. This could be due to:

  • Miners in China that have successfully relocated hardware,
  • Previously obsolete hardware has been dusted off and found a new lease on life.

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