Forex and Crypto News

The hash rate of Bitcoin dropped by more than 30%

13:08 24 September /2019

Yesterday, the hash rate of Bitcoin unexpectedly dropped by more than 30%, according to data from the Coin Dance service.

The hash rate fell from 98 EG/s to 67.7 EG/s, and many users of social networks immediately noticed it.

btc-hash-rate.jpg

Analysts can’t explain such a sharp fall. It was unexpected, especially, if just some days ago the BTC hash rate showed a historic maximum, which indicated an ultra-high activity of miners.

When the hash rate increases, the network becomes more secure against the so-called attack, 51%.

One of the factors that could contribute to a decrease in the activity of miners can be called an increase in repression against Bitcoin mining companies.

The growing hash rate of the BTC network has recently been noted by the popular TV presenter Max Kaiser. He said that we will have to wait for an increase in BTC.

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ICO projects sold 400,000 ETH during November

During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.

According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov

12:01 17 December /2018