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yes, mining chart is all that matter

21 sats \ 0 replies \ @kr 19 Jun 2023

i knew hashrate was on the rise, but this chart still surprised me. thanks for sharing!

10 sats \ 0 replies \ @nullama 20 Jun 2023

Nice to see my USB miner making a difference there

7 sats \ 3 replies \ @criptopanas 20 Jun 2023

IMO, this chart is also very relevant.

https://i.postimg.cc/c4t31gyH/Screen-Shot-2023-06-20-at-10-19-09-am.png

0 sats \ 2 replies \ @birdeye21 OP 20 Jun 2023

This trend will start flatlining hard after the next cycle

0 sats \ 1 reply \ @criptopanas 20 Jun 2023

I'm not 100% sure about it.

IMO more people will be interested in having that balance under their control.

0 sats \ 0 replies \ @birdeye21 OP 20 Jun 2023

yeah exchange holders will start to take self custody, but once bitcoin reaches six figure $ valuations the illustrious 1 BTC balance will become even more illustrious

people will get priced out

7 sats \ 1 reply \ @pillar 20 Jun 2023

It's amazing to see how hard the hash rate has increased in the past 3 months. The exponential nature of it is crazy. Any bets on how high will it be in a year?

I also love how the China ban is slowly fading into just being another small piece of noise in the chart.

0 sats \ 0 replies \ @birdeye21 OP 20 Jun 2023

higher.

7 sats \ 0 replies \ @kepford 20 Jun 2023

Proof of work. This is a strong signal.

0 sats \ 0 replies \ @quark 20 Jun 2023

Miners must know something, right? But miners can also go bankrupt. Price doesn't exactly follow hash rate. But yes I get it, more hash rate means there is more competence to mine, because there is more interest, more adoption, otherwise miners wouldn't be investing so much.

0 sats \ 0 replies \ @Busybe3z 19 Jun 2023

𝐇𝗼𝐰𝐝𝐲 𝐝𝗼 ? 🤠 👋