Bitcoin miners in southern China are back online after a series of coal mining accidents led to outages last week, cascading Bitcoin’s hashrate at same time as bitcoin’s (BTC) price.
Bitcoin’s hashrate – an estimate of how much computational power miners produce at a given time – has recovered from roughly 125 exahashes per second following the outages to nearly 160 exahashes per second, according to mining pool API data.
Bitcoin Hashrate Rebounds as Xinjiang Miners Come Back Online