BNC insights feed
bitcoin Price Analysis – Dropping hasrate
A significant decline in price has meant that many miners are no longer profitable, and are thus turning off their mining hardware, dropping the network hashrate substantially. Despite the large increase in block times and increasing transactions per day, there have been no detrimental effects to transaction fees or pending transactions.
![Minex coin [mxc] - proof-of-genesis - the most expensive coin ever.](https://ohiobitcoin.com/storage/2018/05/FHmXNa.jpg "Minex coin [mxc] - proof-of-genesis - the most expensive coin ever.")
