Bitcoin hash rate is tumbling as Iran war lifts energy prices
Bitcoin's hash rate has significantly decreased due to rising energy prices linked to the ongoing conflict in Iran. The increase in energy costs has made mining less profitable, leading to a reduction in the number of active miners. This decline in hash rate could impact the security and stability of the Bitcoin network. Analysts are closely monitoring the situation, as sustained high energy prices may further affect mining operations globally.
Read the full article: CoinDesk