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159 Bitcoin hashrate drops 12% in worst drawdown since China mining ban: CryptoQuant

CoinDesk
Shaurya Malwa @ CoinDesk · 01/31/2026 15:30 EDT

Bitcoin hashrate drops 12% in worst drawdown since China mining ban: CryptoQuant

A severe winter storm has forced US miners to curtail operations, dragging bitcoin’s hashrate, output and miner margins to their weakest levels in months.

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