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Topic: Bitcoin Hashrate Increases - page 2. (Read 222 times)

jr. member
Activity: 48
Merit: 4
July 04, 2020, 11:02:11 PM
#1
When halving happened in May 2020, crypto analysts expected that the Bitcoin hashrate would decrease. However, data from Blockchain.com shows the Bitcoin hashrate returned to the level before halving. This indicates that the crypto mining industry remains healthy after halving and a little selling pressure from miners.
The combination of at least miners selling Bitcoin, an optimistic long-term technical structure, increasing HODL and growing interest from large investors and institutions, increases the chances of a new rally in 2021.
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