$ALEO The entire network hashrate has dropped to zero. One reason is that the coin price fell below 0.06, making mining output insufficient to cover electricity costs. The second reason is that the staking requirements for mining have increased, and most hashrate cannot be activated, forcing miners to shut down. If they buy more coins to stake, and the coin price drops further and depreciates, the mined coins won't depreciate as fast as the stake, so it's better to shut down. Last August 1st, staking mining was implemented when the coin price was around 0.25. After staking until now, the coin price has dropped to 0.05, a severe depreciation. Staking mining is just a trap—coins mined cannot be cashed out due to staking, and the market lets the project team harvest everything. They've harvested the coin price, harvested the mining machines, and didn't even leave a trace behind.