2025-12-18 08:50:42

#以太坊行情解读 $BTC Hashrate Major Fluctuations: The Truth Behind the Reality

In the past few days, the total network hash rate of Bitcoin has experienced a significant decline, with a drop of nearly 30% within 24 hours, reaching below 1000 EH/s at one point. On the surface, this appears to be market volatility, but it reflects deeper changes within the mining industry.

The key events are not complicated: due to multiple factors such as electricity costs, idle data centers, and payback periods, mining activities in certain regions have seen concentrated growth. However, with regulatory authorities taking unified action and increasing management efforts against high-energy-consuming industries, large-scale offline of mining rigs in these areas has occurred, leading to a stepwise decrease in the overall network hash rate.

The true significance of this event is not about how much the decline is, but about the industry realities it exposes: cryptocurrency mining is considered a target for industry rectification in many regions, with governance measures including electricity pricing policies, power supply regulation, and other administrative and energy-level tools.

But this is precisely the clever design of the Bitcoin network. After the hash rate drops, the network automatically adjusts the mining difficulty, which means that the remaining miners' short-term profitability will actually increase. This economic incentive will promote the migration and decentralization of hash power to other regions. Bitcoin’s security has never depended on a specific geographic location but is protected by global consensus.

For holders, this is more of a psychological shock than a fundamental issue. It once again reminds us of the existence of policy risks, while also reaffirming Bitcoin’s core value as a censorship-resistant asset. Short-term fluctuations in hash rate instead strengthen the network’s resilience.

The strategy remains the same: safeguard core positions and continue to monitor $ETH ecosystem development.

What do you think about this market movement? Is it a risk or a bottom-fishing opportunity?

ETH-1,16%

BTC-0,16%

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fomo_fighter

· 2025-12-21 08:49

The plummet in Computing Power is really just a whipsaw, leaving the remaining miners to earn more, this logic is amazing. When regulation takes action, everyone runs, it just shows that this is the way it is, policy risk can never be escaped. The Difficulty Retargeting mechanism is indeed bull, Bitcoin's design is not in vain. I don't see any major issues, rather, is it a signal to buy low? By the way, why is there no movement on the $ETH side, everyone is focused on $BTC? The key this time is to see who can survive until Computing Power flows back, gambling on luck is not as good as holding positions. Eh, it feels like the prelude to playing people for suckers, what do you think? Heart attack really, it was fine in the morning but plummeted straight in the afternoon. The Difficulty Retargeting thing is, to put it simply, self-repair, the community still has resilience. Buy the dip? I'll wait and see, observe for a couple of days before I decide. If this really is a buying opportunity, that would be great, but it feels uncertain.

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BlockImposter

· 2025-12-20 19:01

Hash rate halved, miners are crying and shouting for their mothers, but as we always say—those who stay are true believers.

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RegenRestorer

· 2025-12-19 16:48

Regulation crackdown, computing power fleeing, difficulty adjusting itself, miners still making money... This design is truly brilliant.

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BoredWatcher

· 2025-12-18 09:20

Haha, as soon as regulation comes out, the hash rate runs away. This process has been played out almost to death. But on the other hand, the self-adjusting difficulty design is indeed brilliant. Do the remaining miners end up earning more? There’s some real logic to that. --- It’s the old story of policy risk again, but is it really different this time... Feels like just a different way of saying the same old韭菜 (leeks) cutting套路 (套路). --- Wait, as the hash rate drops, the difficulty adjusts accordingly. Isn’t that basically helping miners save costs? Then why is everyone still running... --- I’m just watching to see if this is a real crash or another prelude to a sell-off. Anyway, I’m not moving my positions, just waiting for the show to continue. --- Censorship resistance, censorship resistance. I’ve heard this phrase so much lately. But in reality, it still depends on how each country’s policies develop... --- The self-adjusting difficulty is indeed clever, but spreading to other regions... Is it really that easy? Feels like it still depends on electricity costs.

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RugResistant

· 2025-12-18 09:19

The moment of difficulty adjustment is the bottom signal, the paper has already been written.

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just_another_wallet

· 2025-12-18 09:19

The automatic difficulty adjustment is really clever; miners' profits have actually increased... Regulations are unpredictable.

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FomoAnxiety

· 2025-12-18 09:19

Don't panic about the sharp drop in computing power; the difficulty adjustment is indeed a clever move. Miners' short-term profits are actually increasing, and this is the brilliance of BTC.

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BearMarketMonk

· 2025-12-18 09:09

Isn't this just a miner battle royale? The self-adjusting difficulty is truly amazing.

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degenwhisperer

· 2025-12-18 09:00

A drop in computing power is a good thing. Miners are forced to diversify, making Bitcoin more decentralized. Under policy storms, the ability to self-adjust difficulty is true system design.

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ChainWanderingPoet

· 2025-12-18 08:57

Once regulation is enforced, miners have to pack up and run. This wave of hash rate fluctuation is essentially a game of geographical reshuffling. The difficulty adjustment mechanism is indeed clever, and it ends up giving a red envelope to those who stay. That’s why Bitcoin is so hard to eliminate. Psychological impact? I think, the true holders have long been accustomed to this kind of plot; fluctuations are normal. Is it a good opportunity to buy the dip... it depends on your psychological resilience. Policy risks are unpredictable. It's already 2024, and people are still asking if it's the right time to buy the dip. First, figure out how much drawdown your account can withstand.

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