And who said the halving was going to be hard on the miners?
The weekly average hashrate juts hit new all time highs.
This is pretty surprising considering that the halving was only a little over a month ago.
But here we are:
Many out there, myself included thought we might take some time for miners to sort things out before we would see hashrate back at all time highs.
I suspected it could be 6 months or more depending on the price of bitcoin.
Well the price is still lower currently than the halving price and yet hashrate is already back to new all time highs.
Miners gonna mine!
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