The relationship between bitcoin mining and course is commonly underestimated. What role does bitcoin mining play in pricing? Why does the Bitcoin price rise historically in anticipation of a pending halving of the block reward? And is mining worth it for the individual? Investors should know about BTC mining.
The hash rate increases again. Currently, the accumulated computing power in the Bitcoin network is 51.5 million terahashes per second (Th / s). Compared with the mid-term low of around 35 million Th / s in December 2018, a significant increase in the hash rate can be observed in less than half a year.
However, the increase falls into a period when it was still unclear whether the Bitcoin price has already found its bottom. So how is it to be explained that mining farms resume operation without a price signal justifying it?