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What is Hashing on the Blockchain?Note: a 7-day moving average is applied to reduce the effect of short-term hashrate volatility. Bitcoin's network power demand. The cumulative consumption is. chart showing bitcoin price and hashrate with key events. Inherent Any use, review, retransmission, distribution, or reproduction of these. Bitcoin Mining Map. Global United States Mainland China. skip_previous Our dataset empirically recorded for the first time the seasonal hashrate migration.