https://twitter.com/DoveyWan/status/1064878600594305025?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1064878600594305025&ref_url=https%3A%2F%2Fusethebitcoin.com%2Fasic-miners-dumped-in-china-after-bitcoins-price-crash%2F
https://usethebitcoin.com/asic-miners-dumped-in-china-after-bitcoins-price-crash/
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At the time of writing, the hash rate of the Bitcoin network is 41 million TH/s. If the price does not improve, the hash rate could still fall in the next weeks. As Dovey Wan explains, there is an important factor to take into account as well, the electricity cost. Currently, China is facing a dry season. That means that some hydro-based mining farms could be paying higher prices for electricity, complicating things even more.