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Bitcoin’s hash rate, the measure of miner’s performance, appears to have dropped by about 16% after the third halving as miners now generate twice less from the block subsidy. According to The Block’s
TokenInsight reports that Q1 2020 saw significant hash rate volatility and some mining farms fell into negative performance.
Poolin releases figures showing current hashrate distribution in the lower quartile to calculate miner capitulation after the halving of Bitcoin’s block subsidy.
MicroBT is looking to expand its further eat into Bitmain’s market share, recently revealing its next-generation 100 TH/s Bitcoin miners at a virtual launch event
Quick Take In 3Q19, Hut 8 mined 1,966 bitcoin, a 30% decline from the previous quarter, which management attributed to a 61% increase in the bitcoin network’s difficulty rate Despite this, however, t