Replying to Avatar PAGAN WOLF

The #bitcoin Hashrate is 774 EHS close to its recent all time high a few days ago at 797 EHs

I stopped reporting Hashrate due to the fact that price no longer follows hashrate

Miners stocks are slaughtered 1 day and bid high the next but apart from 1/2 most are way off their highs

Mining is going ballistic, price in #bitcoin has not gone ballistic it’s simply recovered to all time high and briefly a bit beyond

The Hashrate and price no longer have anything to do with eachother…. Not exactly sure why it died… but it’s a useless metric now

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PAGAN WOLF 1y ago

Basic example of Hashrate

Price has not kept up since 2021

Like the S2F Model… these are all dead now

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