While Bitcoin (BTC) has been consolidating for a long time, Bitcoin miners are increasing their production.
While Bitcoin has been in a consolidated state since mid-June 2022, the 30-day average of Hashrate, which is known as the miner difficulty and shows how much miners give to production, was last May. 221 exahash levels were. The hashrate, which subsequently experienced some decline, 30 days average over the period to 229 exahash reached.
Also, if the hashrate on a daily basis is 302 by reaching exahash on September 11 281 He broke the record for exahash.
As the hashrate increases, miners will have to consume more power for the same amount of Bitcoin compared to the past, the increase in the hashrate, by experts, means that the costs are for the miners. suitable for profit or that miners have recently been on the market. is expected to rise interpreted.
on the other hand 30 and 60 days The difference between the hashrate average is due to the decrease in the hashrate in the short term. decreased is in the situation. However, the gap, which has closed since mid-September, is not long enough to provide important data yet, and the gap has re-appeared in the last 1 week. positively opening can be observed.
While the data alone are insufficient to indicate a trend reversal, many market commentators suggest that miners may have turned their projections for the future of the market into positive.
