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Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China

After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.

Updated Dec 10, 2022, 9:15 p.m. Published Nov 1, 2019, 11:45 a.m.
Bitcoin mining farm (CoinDesk archives)
Bitcoin mining farm (CoinDesk archives)