Bitcoin Miner’s Future Looks Bleak as Hash Rate Drops by 24% in Three Months

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Bitcoin Miner’s Future Looks Bleak as Hash Rate Drops by 24% in Three Months
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Miners Pulling the plug

According to a report published by Bloomberg, November 26, 2018, the Bitcoin Network’s hash rate has dropped by a whopping 24 percent from its ATH in late August 2018. This, in turn, could force many small and medium scale bitcoin miners to abandon their mining operations due to the inability to breakeven costs. Falling Hash Rate Forces the Miners to…Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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