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Bitcoin Hash Rate Falls 15% Since October to 977 EH/s

The average Bitcoin network hash rate declined notably over recent months, raising potential concerns for mining efficiency and network security.

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Terms & Concepts
  • Hash Rate: The measure of computational power used to mine and process transactions on a blockchain, often expressed in hashes per second.
  • EH/s (ExaHashes per second): A unit representing one quintillion (10^18) hashes computed per second, used to quantify large-scale mining power.