China’s cryptocurrency crackdown leads to a fall in Ethereum Mining Hashrate
The crackdown on cryptocurrency miners by the Chinese government is not only telling on Bitcoin but also has a role to play in the Ethereum mining hash rate. According to data from Etherscan, the Ethereum mining hashrate, which peaked at 643,805.8731 GH/s on May 20, 2021, is rapidly declining. After decreasing by a staggering 21,397.4621 […]