Name: Bitcoin Hashrate Plunging Amid China Crackdown
Uploaded: 2021-06-09T19:51:12.000Z
Duration: 51 s
Description: The bitcoin hashrate, which stands for the global computing power used to process transactions on the Bitcoin proof-of-work blockchain, is plunging to its lowest level since last November as several provinces in China are shutting down crypto miners. Christine Lee breaks down the data in today’s Chart of the Day.

CD20$2,039.252.22%BTC$75,699.392.49%ETH$2,062.683.65%XRP$1.342.97%SOL$84.194.05%

Bitcoin Hashrate Plunging Amid China Crackdown | CoinDesk Videos

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CD20$2,039.252.22%BTC$75,699.392.49%ETH$2,062.683.65%XRP$1.342.97%SOL$84.194.05%

Bitcoin Hashrate Plunging Amid China Crackdown | CoinDesk Videos