Hashrate is reaching ATHs and Network difficulty has now adjusted to a new ATH of 57.1 Trillion hashes. With miner revenue stagnant, how are miners continuing to stay bullish?
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Hashrate is reaching ATHs and Network difficulty has now adjusted to a new ATH of 57.1 Trillion hashes. With miner revenue stagnant, how are miners continuing to stay bullish?
BTC India
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The bull is not if but when
The publicly traded ones already got their exit dumping shares on plebs. Executives will continue paying themselves 10-20 million dollar salaries until the companies go bankrupt and they step off into the shadows.
stupid question maybe, but what is hashrate (the 57 trillion) measured in? the amount of hashes generated by the miner network per second? And how is difficulty measured?
ATH difficulty and an approaching halving, maybe it’s time to short miners and use the profit to buy more sats
1. Miners are not homogeneous.
2. Bitcoin has created the first worldwide incentive system to encourage humans to harness underutilized energy.
3. Humans respond to incentives and dare finding wasted energy all over the planet to direct toward the bitcoin network and profit.