Bitcoin Hashrate Growth Slows in January

Bitcoin Hashrate Growth Experiences a Slowdown

Bitcoin's hashrate, which had been expanding rapidly for several months, experienced a deceleration in January, as detailed in the recent release from TheMinerMag.

For the first time since September, the network's difficulty witnessed a decline. This shift highlights that, while publicly listed companies have been consistently increasing their hashing power, the progress is insufficient to offset the retreat of other, likely smaller, players in the market.

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