Name: How a Chinese Mining Accident Caused a Bitcoin 'Flash Crash'
Uploaded: 2021-04-20T21:59:40.000Z
Duration: 7 min 25 s
Description: Blackouts in China caused by coal plant accidents have been blamed for knocking out the world's biggest bitcoin mining operation in Xinjiang and cutting the global hashrate by nearly 50%. But despite the panic, the Bitcoin network continued to function normally. Jason Les of Riot Blockchain joins "First Mover" to discuss the resilience of the Bitcoin network.

CD20$2,081.881.95%BTC$77,011.861.46%ETH$2,127.382.46%XRP$1.361.71%SOL$86.601.79%

How a Chinese Mining Accident Caused a Bitcoin 'Flash Crash' | CoinDesk Videos

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CD20$2,081.881.95%BTC$77,011.861.46%ETH$2,127.382.46%XRP$1.361.71%SOL$86.601.79%

How a Chinese Mining Accident Caused a Bitcoin 'Flash Crash' | CoinDesk Videos