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0 sats \ 1 reply \ @Solomonsatoshi 20 Nov \ on: Wtf is going on with the Bitcoin hashrate bitcoin
Home mining is more accessible than ever before!
Seriously though there is greatly increased incentive to deploy mining gear given the much higher price of recent weeks.
There will often be mining gear not deployed sitting idle which can and is fired up when the reward incentive (BTC Price) increases substantially over short time.
I don't know however... what was so seminal about this particular exchange rate.
So at... 95k older miners are now profitable? Has someone actually done analysis on this?
In my opinion exchange rate (price) follows hashrate. In the bear market of last year... hash rate continued to go up, and go up a lot. What followed?
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