CryptoQuant CEO Highlights Rising Bitcoin Hashrate Signaling Institutional Confidence in Miners
Photo: Crypto Economy
TL;DR Bitcoin’s hashrate has increased by approximately 45% since July, rising from 726 EH/s to around 1,050 EH/s. CryptoQuant CEO Ki Young Ju considers the increase in computing power an indirect bullish signal of institutional support for Bitcoin miners. NIP Group announced the acquisition of mining equipment with 4.47 EH/s of capacity, although shares of ... Read more
Source: Crypto Economy
