After the BTC(Bitcoin) 4th halving, the BTC hashrate had decreased for a month. I think the main reasons are the reduced block rewards and tx(Transactions) fees.
Once the BTC 4th halving started, tx fees were pretty much than expected. I think the main reason is the Runes protocol. But, time goes by, tx fees decreased.
Even though total block rewards decrease, the BTC hashrate has successfully recovered and recorded a new ATH, and it seems that BTC miners started enduring for a while. My perspective is same to BTC miners.
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Upvoted! Thank you for supporting witness @jswit.
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Congratulations, your post has been upvoted by @upex with a 100.00% upvote. We invite you to continue producing quality content and join our Discord community here. Keep up the good work! #upex
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