#Bitcoin hash-rate going parabolic is all you need to know. Ignore the noise, focus on the signal. 
Discussion
Hash splash
Is the argument here that hash rate increasing like this equals new market participants?
Hash rate leads price, amirite?
Meh, there are a lot of moon boi miners. I would hesitate to say this is any kind of leading indicator.
That’s not moon boi miners that ripped out of the China ban downturn, that’s massive global nation state build out of energy infrastructure.
Not really, but that’s fine. Those guys are out there, but in relatively small tranches. That said, network hashrate is a lagging indicator of price. Not the other way around.
But it’s hard to ignore noise of Bitcoin miners 🤣 Deffo my next miner will be liquid 🤔
Imagine where that hashrate will be after states lotteries falls down and home mining goes popular 🤔
💯 a better “is this working measurement?” as opposed to price.