Bitcoin hashrate falls to 3-week low as miners cut BTC
Bitcoins seven-day average hashrate has fallen to roughly 915.8 EH/s while miner holdings dropped by 1,530 BTC over one week, according to mining data covering Sept. 20 through Sept. 26. SummaryBitcoins seven-day average hashrate fell to 915.8 EH/s, its lowest level in three weeks recently.Miner reserves declined by 1,530 BTC in one week to approximately 1.1928 million BTC overall.Bitcoins Puell Multiple rose by 0.24 over the week to reach a reading of 1.13.Mempool data showed network hashrate remained below one zettahash during several late-September sessions this week.Several listed miners have continued selling mined Bitcoin as operating and infrastructure strategies evolve further. Digital Asset reported that the seven-day moving average stood at 915,844,520 TH/s on Sept. 26, down approximately 34.86 million TH/s from a week earlier. The reading was the lowest since around Sept. 3. During the same period, CryptoQuant data cited by the report placed miner Bitcoin reserves at 1,192,766 BTC. The balance was 1,530 BTC lower than seven days earlier. You might also like: Bitcoin ETFs add $5.3B after Treasury buyback plan Bitcoin hashrate slips after September recovery The hashrate reading indicates that less computing power was securing the Bitcoin network on a seven-day average basis than one week earlier. Hashrate measures the combined computational power miners









