The total hashrate on the Bitcoin (BTC) network reached a fresh all-time high on Tuesday, despite consistently low bitcoin prices. The increase could be a sign that miners are now more optimistic about the bitcoin price.
According to data from Blockchain.com, the total hashrate this week reached 241.88 Ehash/s, up significantly from this year’s low from early January of 168.2 Ehash/s.... Read More: Bitcoin Hashrate Hits a New All-Time High – What Does This Mean for BTC Price?