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coinpedia 2022-10-05 12:50:16

Bitcoin Hash Rate Reaches Highs Despite Miners Being in Loss, Is it an Indication of BTC Price Rally?

The post Bitcoin Hash Rate Reaches Highs Despite Miners Being in Loss, Is it an Indication of BTC Price Rally? appeared first on Coinpedia Fintech NewsBitcoin price continues to hover around $20,000, failing to rise beyond the crucial resistance levels of around $20,800. Amidst the sceptical market conditions, the BTC mining difficulty, measured by the hash rate, is reaching new highs. On the contrary, the miners continue to mine BTC at a loss as the revenue fails to compensate for …

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