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Proof of Work is hard sometimes.

Interesting to see that Hash Rate has not recovered let.

I assumed it was related to the price dump.

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Any thoughts on what is behind this spike?

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77 sats \ 3 replies \ @optimism 2h

This is their Ocean account. I think they moved away.

Also, Peak Mining, another large miner account on Ocean, seems to have been offline for 3 days, but is back now (edit: correction, about half of their hashpower was offline, they have multiple accounts)

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Fascinating. Looking at Peak's chart makes me wonder what could cause their hundreds of petahash to drop to zero. I would think that if they were doing demand response curtailment, they might taper down, not drop off completely.

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0 sats \ 1 reply \ @optimism 1h

I'm not sure how these contracts are structured nowadays.

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fair enough.

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11 sats \ 1 reply \ @Wumbo 7h

Plus the cold weather.

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Hasn't temperature started to normalize?

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