Saturday, April 27, 2024
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Hash Rate Spike Relates to BTC Price, but Halving Throws Miners Off Their Game

Following an enormous drop in Bitcoin’s (BTC) network hash rate back on March 26, the premier currency’s hash rate increased between April 4 and April 6 by at least a whopping 33%, exploding from around 85–91 exahashes per second to roughly 122 EH/s, according to various data sources.Historically speaking,

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