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China’s Carbon Neutral Stance Puts Pressure on BTC Miners, Sichuan Electricity to Increase 150%

24.4.2021
Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%....