The Bitcoin hash rate – the number of hashes per second the network is performing – has stabilized undergoing its biggest downward difficulty adjustment in seven years amid lower BTC price. Bitcoin Network Heals Its Wounds On the back of the Bitcoin price hitting 15-month lows and dropping 50 percent in the past month alone, miners have faced operational losses or stopped mining altogether. Bitcoin’s hash rate thus began falling over recent weeks, reversing anRead MoreThe post Bitcoin Hash Rate Stabilizes After Mining Difficulty Adjusts to Lower Price appeared first on Bitcoinist.com.
