Hashrate of Chinese mining pools fell amid prolonged rains

The prolonged rainy season in Sichuan has led to a sharp drop in the hash rate of the largest Chinese mining pools. More than half of the computing power used for bitcoin mining is currently concentrated in this region.

Since last week, the region has been raining heavily, which has already led to failures in the supply of electricity to mining farms.

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Hashrate of Chinese mining pools fell amid prolonged rains