Bitmain's internal bitcoin mining operations are generating 88% less computing power than a month ago, suggesting it has drastically cut its own mining capacity (Wolfie Zhao/CoinDesk)

Bitmain's internal bitcoin mining operations are generating 88% less computing power than a month ago, suggesting it has drastically cut its own mining capacity (Wolfie Zhao/CoinDesk)


Wolfie Zhao / CoinDesk:

Bitmain’s internal bitcoin mining operations are generating 88% less computing power than a month ago, suggesting it has drastically cut its own mining capacity  —  Bitmain’s internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting that the industry giant has cut back on capacity.

Bitmain's internal bitcoin mining operations are generating 88% less computing power than a month ago, suggesting it has drastically cut its own mining capacity (Wolfie Zhao/CoinDesk)
Source: Tech Meme