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CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
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Alpha Points
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Futures Points
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Investment
Simple Earn
Earn interests with idle tokens
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Auto-invest on a regular basis
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Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
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Pledge one crypto to borrow another
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One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
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Quant Fund
Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
Smart Leverage
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Bitcoin mining power has experienced a significant decline in recent weeks, with the network's hash rate dropping by approximately 12%, marking the steepest decrease since October 2021. According to ChainCatcher, this reduction reflects major changes in mining activity and the overall health of the network.
The current decline represents the largest setback in a long period, surpassing previous decreases. This has implications for BTC miners, as it directly affects mining difficulty and the profitability of their operations. The decrease in hash rate may indicate changes in mining profitability, BTC price volatility, or other factors influencing miners' decisions.