How Bitcoin’s price and hashrate are related over time.
•X-Axis → Bitcoin’s price
•Y-Axis → Total hashrate
•Plot Rate → Each point = a day
As Bitcoin’s price rises, more miners join the network, increasing the hashrate.
How Bitcoin’s price and hashrate are related over time.
•X-Axis → Bitcoin’s price
•Y-Axis → Total hashrate
•Plot Rate → Each point = a day
As Bitcoin’s price rises, more miners join the network, increasing the hashrate.