RE: Bitcoin’s Hashrate Again Hits An All Time High. Awesome news for Bitcoin Users

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Bitcoin’s Hashrate Again Hits An All Time High. Awesome news for Bitcoin Users

in hashrate •  6 years ago 

Sucks for me as a miner tho ;(

hashrate
6 years ago by

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      ·  6 years ago 

    Yup. But usually the bitcoin prices rise as the hashrate increases. So can be good overall

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      ·  6 years ago 

    Hash rate doesn't affect coin price... Coin price is determined by supply and demand, that is economics 101.

    Hash rate IS affected by coin price (in the long run) as Satoshi designed POW mining to be a NEAR ZERO SUM GAME

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