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Myriad Proof-of-Work Blockchains See Significant Hashrate Losses

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable dedicated hashpower over the last few days. PoW Chains Feel the Wrath of the Great ASIC and GPU Exodus Lots of crypto advocates have been focused on China and Bitcoin’s (BTC) hashrate losing a large percentage of hashpower. Data shows on Monday, June 28, that BTC’s…

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