News & Insights: Network Hashrate Past, Present & Future
Is capitulation of Bitcoin miners yet to come or will hashrate continue its path to meet the 300 EH/s+ projections?
With the volatility in Bitcoin price, many people are hoping to see the bottom of the bear market soon. At the same time, most miners are hoping to see a halt to the ever increasing network hashrate in order to decrease difficulty and stop profitability from plummeting.
In todays article I will take a look at previous bear markets and price drops to see…