"U.S. Bitcoin miners' combined hash rate increased 70% year-to-date versus 33% increase in network hash rate." On "The Mining Pod", Matthew Kimmell discusses the meteoric growth of hashrate in 2024 from U.S.-based public bitcoin miners. 📺 Watch: https://www.youtube.com/channel/UCZBo-pYEI9lyjxoojq_X8MA?sub_confirmation=1 🎧 Spotify: https://open.spotify.com/episode/2tMUtkri8pjzM9iCh44Ue0 🎧 Apple: https://podcasts.apple.com/us/podcast/the-mining-pod-us-miners-grow-market-share-maras/id1414384043
0:41
"U.S. Bitcoin miners' combined hash rate increased 70% year-to-date versus 33% increase in network hash rate." On "The Mining Pod", Matthew Kimmell discusses the meteoric growth of hashrate in 2024 from U.S.-based public bitcoin miners. 📺 Watch: https://www.youtube.com/channel/UCZBo-pYEI9lyjxoojq_X8MA?sub_confirmation=1 🎧 Spotify: https://open.spotify.com/episode/2tMUtkri8pjzM9iCh44Ue0 🎧 Apple: https://podcasts.apple.com/us/podcast/the-mining-pod-us-miners-grow-market-share-maras/id1414384043
93 viewsOct 19, 2024
FacebookCoinDesk
Declining Hashrate: Why This Is Actually Bullish for Bitcoin 👀 When #Bitcoin miners start capitulating, it has historically been a signal of exhaustion, not structural failure. Miner capitulation occurs when less efficient miners are forced to shut down operations or sell reserves due to prolonged pressure on profitability. Periods of declining hash rate linked to miner stress have, roughly 65% of the time, been followed by higher Bitcoin prices within the next ~90 days. He also compares curren
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Declining Hashrate: Why This Is Actually Bullish for Bitcoin 👀 When #Bitcoin miners start capitulating, it has historically been a signal of exhaustion, not structural failure. Miner capitulation occurs when less efficient miners are forced to shut down operations or sell reserves due to prolonged pressure on profitability. Periods of declining hash rate linked to miner stress have, roughly 65% of the time, been followed by higher Bitcoin prices within the next ~90 days. He also compares curren
5K views4 months ago
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Bitcoin hash rate slides during U.S. winter storm while markets shrug off mining disruption
Bitcoin hash rate slides during U.S. winter storm while markets shrug off mining disruption
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Where Is Bitcoin's Hashrate Growth Coming From? #podcast #crypto
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