There is evidence, however, suggesting SBI Crypto’s operation has slowed since Russia invaded Ukraine, which led to sanctions. Its mining pool hashrate, a measure of computing power spent on the Bitcoin network, has dropped by about one-third since February, according to data from information platform Blockchain.com.
Related posts
-
Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’
With two days remaining in September, bitcoin’s monthly gain stands at 11.11%, setting the stage for... -
Analyst Backs Bitcoin Hitting $290,000 In Bull Run – Here’s Why
In what has been an “unusual” September, Bitcoin (BTC) has now recorded another positive weekly performance. ... -
Bitcoin poised for surge, analysts expect new all-time high
Bitcoin price has done modestly well this week as it soared to $66,000, rising to its...