21 sats \ 0 replies \ @DarthCoin 19 Jun 2023
yes, mining chart is all that matter
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21 sats \ 0 replies \ @kr 19 Jun 2023
i knew hashrate was on the rise, but this chart still surprised me. thanks for sharing!
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10 sats \ 0 replies \ @nullama 20 Jun 2023
Nice to see my USB miner making a difference there
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7 sats \ 3 replies \ @criptopanas 20 Jun 2023
IMO, this chart is also very relevant.
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0 sats \ 2 replies \ @birdeye21 OP 20 Jun 2023
This trend will start flatlining hard after the next cycle
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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.
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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
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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.
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0 sats \ 0 replies \ @birdeye21 OP 20 Jun 2023
higher.
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7 sats \ 0 replies \ @kepford 20 Jun 2023
Proof of work. This is a strong signal.
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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.
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0 sats \ 0 replies \ @Busybe3z 19 Jun 2023
ππΌπ°ππ² ππΌ ? π€ π
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