News Snapshot:
Chinese Crypto Miners Register Severe Crash of Bitcoin (BTC) Hashrate Amid Crackdown 2021-06-10 Amid severe crackdown from the Chinese regulators, local Bitcoin (BTC) miners have started pulling the plugs and discontinuing their operations. Because of these restriction policies, the BTC hashrate at some of the biggest Chinese crypto miners has started to decline. AntPool and Poolin have registered the biggest drop of around 25% in the BTC hashrate as per data shared by popular Chinese journalist Colin Wu. Because China’s restrictions policy, Bitcoin hashrate starts to decline, ranked first antpool fell 25%. pic.twitter.com/9Dfqxr8OZe — Wu Blockchain (@WuBlockchain) June 9, 2021...