币界网报道：According to the news from Bijie.com, on June 29 (UTC+8), the recent decline in the hashrate of the entire Bitcoin network has triggered concerns about a "hashrate collapse" and multiple speculations about geopolitical factors. This change is mainly due to seasonal power restrictions and statistical deviations, rather than geopolitical events or large-scale withdrawal of mining infrastructure. Bitcoin hashrate is not real-time data, but is estimated based on the block interval and network difficulty. Short-term fluctuations are normal and can easily lead to market misjudgment. The mining pool-level data provided by Miningpoolstats (as shown in the figure below) shows that the most obvious decline is Foundry USA Pool, which has been intermittently shut down and then back online. This operating mode is highly consistent with the power restriction arrangement of mining farms during the peak power season in the United States in summer to ensure the stability of the power grid, and is not due to the disconnection of Iranian miners or policy crackdowns. BlocksBridge Consulting expects that the Bitcoin network will usher in a difficulty reduction of about 8% on June 29, which will reduce the operating pressure of some miners and provide a buffer for hashrate fluctuations. The market should look at short-term data changes rationally and avoid misinterpreting them as systemic risks in the industry. (Source: BlockBeats)