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Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
18.4.2021
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed...
Chinese mining pools’ hash power plummets amid regional blackouts
16.4.2021
Blackouts for safety inspections in China’s Xinjiang region have significantly impacted the hash rate of many top Chinese Bitcoin mining pools
Iran Finds Scapegoat In ‘Easy Victim’ Bitcoin as Officials Shut Down 1,600 Mining Farms
27.1.2021
As Iran experiences rolling electricity blackouts, the country’s authorities have responded to the crisis by targeting bitcoin mining farms. The sanctions-hit country’s campaign against miners has seen a total of 1,600 mining centers being shut down. This Iranian blitz on cryptocurrency...
Amid blackouts and police raids, Iran weighs benefits of Bitcoin mining
23.1.2021
A country where Bitcoin once looked primed to flourish is now attempting to scapegoat the cryptocurrency
When Disaster Strikes: Decentralized Tech a Safety Mesh From Blackouts
11.7.2020
Decentralized mesh networks are a technological lifeline in a disaster, allowing to check in on family and access crypto funds
Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions
12.11.2019
Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless. Additionally, citizens are dependent...
Venezuelans Made Lightning-Savvy Hardware to Use Bitcoin During Blackouts
1.11.2019
Locha Mesh is building software and hardware for connecting to bitcoin's Lightning Network – even when the power's out