Bitcoin's own bitcoin mining power is down 88% from a month ago

According to Bitcoin's monthly calculations, Bitcoin's internal bitcoin mining business is down 88% from a month ago, indicating that the industry giant has cut capacity. According to the disclosure, as of May 7, the power of all bit-continent hardware running the SHA265 algorithm (the algorithm on which Bitcoin and Bitcoin cash networks are based) has dropped to only 237.29 PH / s. And a month ago, its computing power was still 2072 PH / s. In response, the Bitland spokesman said: "The hash rate of an institution at a certain moment may be owned by others at another time. This is a normal process of mining mining."