Bitcoin Network Hashrate Sees 12% Decline Since November
The post Bitcoin Network Hashrate Sees 12% Decline Since November appeared on BitcoinEthereumNews.com.
Key Points: Bitcoin’s network hashrate drops by 12% since November 11. Largest decline noted since October 2021. Impacts miner operations amid fluctuating prices. PANews reported a 12% Bitcoin hashrate decline since November 11, noting it’s the largest drop since 2021, sparking interest in mining community reactions. The decline highlights network security concerns, impacting miner revenues and influencing Bitcoin’s market volatility. Bitcoin Hashrate’s Largest Drop Since October 2021 Bitcoin’s hashrate reportedly declined by 12% since November 11, marking the largest drop since October 2021. Mining pools such as Foundry USA, the world’s largest by hashrate, and Antpool might experience operational impacts. This shift highlights the fluctuating dynamics in Bitcoin’s infrastructure. Bitcoin miners face profitability pressures, especially following recent halvings that decreased block rewards. Analysis of the post-halving landscape for Bitcoin miners emphasizes the need for efficiency and innovation among miners to maintain competitiveness. Major mining operations may focus on strategic shifts to ensure continued returns. BingX offers exclusive rewards and top-tier security for new and high-volume crypto traders. Analyst perspectives suggest that recent energy constraints and rising costs are placing unprecedented stress on operations. Current Market Reflects Bitcoin’s Security and Profitability Challenges Did you know? The reported 12% Bitcoin network hashrate drop is reminiscent of major declines seen in earlier periods, often leading to a potential recovery in Bitcoin’s market performance over time. According to CoinMarketCap, Bitcoin’s price stands at $78,688.98 with its market cap at 1.57 trillion dollars as of February 1, 2026. The cryptocurrency displays a significant 27.10% decline over 90 days, reflecting current market volatility. Market dominance remains at 59.03%. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 05:08 UTC on February 1, 2026. Source: CoinMarketCap Insights from Coincu research suggest heightened emphasis on technological advancements in mining could mitigate revenue losses. The fluctuating hashrate influences Bitcoin prices, which…
Filed under: News - @ February 1, 2026 5:16 am