IPFS News Link • Bitcoin
Bitcoin Tumbles After Network Hash-Rate Mysteriously Flash-Crashes By 40%
• https://www.zerohedge.com by Marie HuilletData from Coin.dance - corroborated by other sources - indicates that the network's hash rate plummeted yesterday from over 98,000,000 TH/S to 57,700,000 TH/s.
Mystery flash crash remains unexplained
The flash drop remains unexplained as of press time and is all the more striking given the Bitcoin network's record-breaking string of new all-time high hash rates throughout summer.
Just five days ago, Cointelegraph had reported that Bitcoin's hash rate had passed a record 102 quintillion hashes in a historic milestone.