The flood destroyed the bitcoin farms in Sichuan Province

The web has information that large-scale mining farms in the Chinese province of Sichuan have been destroyed because of the flood.

In particular, the publication CCN, leads tweet Eric Meltzer, a partner focused on the Chinese market blocking fund INBlockchain:

"There are rumors that a powerful flood destroyed a bunch of bitcoin miners"
A well-known bitcoin-evangelist Stepan Gershuni also published a corresponding photo on his Facebook.

A large news agency China News Service (ECNS) wrote about a major flood in several provinces of the country:

"From Wednesday to Thursday, heavy rain fell on the provinces of Anhui, Jiangsu, Sichuan, Shandong and Jilin. According to the Office of State Flood Control and Drought, Anhui and Jiangsu suffered most "
According to the analytical service Blockchain.info, on Wednesday, June 27, the hashite network bitcoin fell by 30% - from 43 million to 30 million (TH / s):

However, soon the hashtate has partially recovered, now its value is at the level of 35 million TH / s.

The Chinese province of Sichuan is famous for its relatively low tariffs for electricity and favorable conditions for the development of the mining business. Despite the fact that a large number of mining farms are concentrated in this province, many analysts are convinced that even their total destruction is not enough for such a significant and dramatic decrease in hashed.

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