24-hour drop in BTC hash rate: -10.56%

BTC hash rate dropped 10.56% in 24h, while difficulty and miner outflows remained flat. The decline may impact network security, amid BIP-110 hurdles and large whale transfers.

The 24-hour hash rate of BTC dropped by 10.56%, while the difficulty remained unchanged at 0.0%, and there was no change in the amount of BTC transferred by miners. This significant decline in hash rate could weaken the network’s security and affect miners’ profits. Recent news: A settlement deal worth 2.5 million was reached, driving the stock price up by 5% due to strong performance; BIP-110 faced obstacles, prompting developers to prepare emergency PoW code to put pressure on mining pools; a whale transferred $11.9M in BTC on the Bitcoin chain.