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Bitcoin Hashrate Plunges 10% After Setting ATH, But Why?

  • The Bitcoin Mining Hashrate has plunged almost 10% since reaching all-time high (ATH).
  • Mining Hashrate measures total computing power connected to the Bitcoin network.
  • Decline in Mining Hashrate indicates some miners finding Bitcoin mining less profitable.
  • Recent drop in Hashrate could be due to BTC price action and miners' revenue concerns.

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