IntoTheBlock: the Bitcoin network hash rate fell by 38.8%+ on December 24 from its December 21 peak as many US-based miners paused operations due to blizzards

Since Wednesday, when it peaked, the hashrate of the Bitcoin network has decreased by more than 38.8% as a result of many American miners being forced to shut down their operations because of deadly blizzards.
According to data from IntoTheBlock, Bitcoin hashrate, the amount of computing power used for mining and processing transactions, decreased to 155.28 exahashes per second on Saturday from 253.88 exahashes on Wednesday.
At least 32 people have died as a result of the winter storm, according to media reports as of Monday morning in Hong Kong.

More: CoinDeskThe BlockCryptopolitanBitcoinist.comDecryptCointelegraphBitcoin News, and

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