Highlight of the week: On May 16, the Bitcoin hashrate of the entire network plummeted, with Antpool -16%, F2pool -11%, Binancepool -14%, and Huobipool -23%. Although the rainy season is coming, the electricity bills for Chinese miners are cheaper, but the government has begun to crack down on energy-intensive mining in order to achieve the political goal of carbon neutrality.
China crypto news of the week (May 11 to May 17)
China crypto news of the week (May 11 to May…
Highlight of the week: On May 16, the Bitcoin hashrate of the entire network plummeted, with Antpool -16%, F2pool -11%, Binancepool -14%, and Huobipool -23%. Although the rainy season is coming, the electricity bills for Chinese miners are cheaper, but the government has begun to crack down on energy-intensive mining in order to achieve the political goal of carbon neutrality.