A flood washed away a cryptocurrency farm in Sichuan, China
The information about the disaster that befell the Chinese miners was confirmed by the co-founder of the 8btc portal Red Lee. 8btc editor Lillian Ten stated, that a number of mining farms “really suffered”, noting at this, that the damage was not as serious as in 2018 year.
China Daily also reports that the mud flow disrupted the supply of electricity in the region, withdrew of building communications infrastructure and has caused at least seven deaths.
According to the portal btc.com, 24 hour index hash rate bitcoin fell from 78 EH / s on Monday when the cataclysm began, before 73 EH / s on Wednesday. How big a role in this played the destruction of Chinese mining farms, unknown.
Sichuan traditionally attracts miners with cheap electricity, especially during the rainy summer period. Last June, it was reported that flooding in Sichuan had become cause loss of “tens of thousands” of devices for mining cryptocurrency.