--- title: Bitcoin Hashrate Plummets 10% as China Shuts Down 400,000 Miners canonical: https://mining-provider.com/bitcoin-hashrate-plummets-10-as-china-shuts-down-400-000-miners/ author: Mining Provider Editorial Staff published: 2025-12-16 updated: 2025-12-16 language: en category: News description: Bitcoin's hashrate dropped 10% due to the shutdown of mining farms in China, affecting around 400,000 machines and highlighting regional vulnerabilities. Meanwhile, Russia plans a permanent ban on crypto mining in two regions to address energy consumption issues exacerbated by mining activities. source: Provimedia GmbH --- # Bitcoin Hashrate Plummets 10% as China Shuts Down 400,000 Miners > **Autor:** Mining Provider Editorial Staff | **Veröffentlicht:** 2025-12-16 **Zusammenfassung:** Bitcoin's hashrate dropped 10% due to the shutdown of mining farms in China, affecting around 400,000 machines and highlighting regional vulnerabilities. Meanwhile, Russia plans a permanent ban on crypto mining in two regions to address energy consumption issues exacerbated by mining activities. --- ## Bitcoin Hashrate Drops 10% as China Shuts 400,000 Miners The Bitcoin hashrate has experienced a significant decline, dropping approximately 10% in a single day, from 1,053 terahashes per second (TH/s) to just under 943 TH/s. This sharp decrease is attributed to the closure of mining farms in Xinjiang, China, which has affected hundreds of thousands of machines. Jianping Kong, former co-chairman of the Bitcoin hardware manufacturer Canaan, reported that the computational power has decreased by about 100 exahashes per second, corresponding to at least 400,000 offline machines. The 30-day moving average of the hashrate fell from around 1.1 zettahash per second to just over 1 ZH/s, marking the largest drop since the halving in April 2024. Matthew Sigel, head of digital asset research at VanEck, confirmed that this represents the largest decline in over a year. The mining presence in China has been inconsistent over time, with the country controlling about 65% of the Bitcoin hashrate before the government shutdown in 2021. > "The decline coincides with economic pressure on miners, as the hash price is around $37 per petahash per second, close to a five-year low." - CoinMarketCap In summary, the recent shutdown of mining operations in China has led to a notable decrease in Bitcoin's hashrate, highlighting the vulnerabilities associated with regional concentration in mining activities. ## Fleet Mining Christmas: Upcoming Winners Up to $50,000 – A Guide to Bitcoin Cloud Mining As 2025 comes to a close, the cryptocurrency market presents mixed feelings for many, with increasing price volatility and accelerated trading cycles. In this context, cloud mining is gaining renewed attention as a more regulated and long-term form of participation. Fleet Mining is launching a special rewards program for cloud mining, offering bonuses of up to $50,000 per account, making it an attractive alternative for users interested in entering the cryptocurrency world with lower barriers to entry. The key features of Fleet Mining's Christmas special include a unique holiday rewards mechanism for PTSD-affected individuals and the welcoming of both individuals and companies. This introductory event is designed for newcomers who have not yet experienced the cloud mining process, providing a cost-effective way to learn about it. - Bonuses of up to $50,000 per account - Accessible for both individuals and companies - Cost-effective introduction to cloud mining In conclusion, Fleet Mining's Christmas rewards program offers a significant opportunity for new users to engage in cloud mining, emphasizing the importance of understanding the process and its potential benefits. ## Russia to Permanently Ban Crypto Mining in Additional Regions Russia is set to impose a year-round ban on crypto mining in two Siberian regions, Buryatia and Transbaikalia, as part of its efforts to regulate the industry. The Russian government plans to expand the existing complete ban on cryptocurrency mining to around a dozen regions, following seasonal restrictions that were recently implemented due to winter electricity shortages. The permanent ban is expected to be introduced next year, as the authorities aim to address energy consumption issues exacerbated by mining activities. Previously, the mining operations in these regions were temporarily halted during the winter months when electricity demand peaks. The Russian government has been inconsistent in its approach to crypto mining, having legalized it in 2024 to capitalize on its abundant energy resources. However, the increasing concentration of mining companies has led to energy shortages, prompting the government to take more stringent measures against mining activities. > "We are observing the situation on the ground. If necessary, we will respond promptly and ban mining for the entire year." - Cryptopolitan In summary, Russia's decision to permanently ban crypto mining in additional regions reflects ongoing concerns about energy consumption and the need for regulatory clarity in the cryptocurrency sector. Sources: - [Bitcoin-Hashrate Fällt 10%, Als China 400.000 Miner Schließt, Sagt Ehemaliger Co-Vorsitzender von Canaan](https://coinmarketcap.com/academy/de/article/bitcoin-hashrate-drops-10percent-as-china-shuts-400000-miners-says-former-co-chairman-canaan) - [Fleet Mining Weihnachten: Baldige Gewinner bis zu 50.000 $ – Ein Leitfaden zum Bitcoin Cloud-Mining](https://www.cryptopolitan.com/de/fleet-mining-christmas-upcoming-winners-up-to-50000-a-guide-to-bitcoin-cloud-mining/) - [Als Chinas Schalter umgelegt wurde: Hashrate im freien Fall und Bitcoin hält stand](https://www.coinspeaker.com/de/als-chinas-schalter-umgelegt-wurde-hashrate-im-freien-fall-und-bitcoin-haelt-stand/) - [Russland will Krypto-Mining in weiteren Regionen dauerhaft verbieten](https://www.cryptopolitan.com/de/russia-ban-crypto-mining-in-regions/) --- *Dieser Artikel wurde ursprünglich veröffentlicht auf [mining-provider.com](https://mining-provider.com/bitcoin-hashrate-plummets-10-as-china-shuts-down-400-000-miners/)* *© 2026 Provimedia GmbH*