Bitcoin mining hash-rate has now recovered by 54% from the 2021 lows.
Approximately half of the mining network went offline in May, as the full impact of the Great Mining Migration was felt.
This recovery suggests that around a quarter of the peak hash-rate remains offline.
Basically hash rate signifies a healthy network. The higher the hash rate, the more computing power there is securing the network. Decreased hash rate indicates a weakening network, therefore a subsequent lack in price confidence.
Approximately half of the mining network went offline in May, as the full impact of the Great Mining Migration was felt.
This recovery suggests that around a quarter of the peak hash-rate remains offline.
Basically hash rate signifies a healthy network. The higher the hash rate, the more computing power there is securing the network. Decreased hash rate indicates a weakening network, therefore a subsequent lack in price confidence.
Profit Executor
COTI 12H Retesting the resistance of a formation for sure before we send it again.
COTI 12H UPDATECOTI gained +67% profit currently.
Profit Executor
LCX 1D You obviously need the cup and handle for LCX.
LCX 1D UPDATE
LCX has reached first target, +104% profit gained so far.Profit Executor is now on Twitterπ Looking for more content, then follow me there as wellπ
http://twitter.com/profitexecutor
http://twitter.com/profitexecutor