Bitcoin's average network hashrate fell to about 937.68 exahashes per second on November 12, down from a high of 999 EH/s in early October. This decline brings mining activity back to levels observed in June and July 2023, with key indicators such as the Puell Multiple and miner hashprice also dropping about 20% from their recent peaks. The decrease in hashrate reflects reduced computing power dedicated to mining, which could impact Bitcoin's network security and miner profitability if the trend continues.
Bitcoin's network hashrate decline is the subject, with Pluang market data providing sector context. For readers following cryptocurrency markets, 6 of 50 major cryptocurrencies rose while 43 fell on Pluang. Notable movers include CRV at Rp4.252 (-4.81%), ONE at Rp30 (+4.66%), and DOT at Rp14.897 (-4.57%). This snapshot is as of Nov 12, 2026 22:32 WIB.
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