Bitcoin Price Drops While Mining Hashrate Hits Record High: What It Means for Investors
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureBitcoin miners have taken the 7-day average Hashrate to a new all-time high (ATH), despite the fact that the tokens price has been down recently.Bitcoin Hashrate Has Just Set A New RecordThe Bitcoin Hashrate refers to the collective amount of computing power that the miners as a whole have connected to the blockchain. Miners use their computing resources to compete against each other, so this power