The regulatory clampdown on cryptocurrency miners in China is taking a toll on not just the Bitcoin (BTC) network, but also on Ethereum (ETH). The Ethereum mining hashrate, which attained its peak of 643,805.8731 GH/s back on May 20, 2021, according to data from Etherscan is fast on a decline. At present, the hashrate is pegged at 493,929.6709 GH/s after falling by a massive 21,397.4621 in two days.
Ethereum Mining Hashrate on a Downtrend as China Sends Miners Packing
coingape.com
27 June 2021 00:49, UTC