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The Bitcoin network hashrate, which is the amount of computing power that is pointed at the crypto network, saw a massive decline over the weekend, falling from just over 1,000 exahashes per second on Friday to around 687 exahashes per second on Sunday, according to BitInfoCharts. As a result, blocks of Bitcoin transactions were mined a bit more slowly than the target rate of one every ten minutes.
While the Bitcoin network resets the difficulty associated with finding new blocks…
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The Bitcoin network hashrate, which is the amount of computing power that is pointed at the crypto network, saw a massive decline over the weekend, falling from just over 1,000 exahashes per second on Friday to around 687 exahashes per second on Sunday, according to BitInfoCharts. As a result, blocks of Bitcoin transactions were mined a bit more slowly than the target rate of one every ten minutes.
While the Bitcoin network resets the difficulty associated with finding new blocks…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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