Bitcoin’s network hashrate fell 4% in the month through Dec. 15, a development that could set the stage for stronger price performance in the months ahead, according to ***** ysts at VanEck.
Key Takeaways:
Bitcoin’s hashrate fell 4% in December, a pattern VanEck says has historically preceded stronger price returns.
Miner profitability is under pressure as lower BTC prices and higher costs force capacity offline.
Part of the hashrate decline may be permanent, with mining power shifting toward AI workloads.
https://finance.yahoo.com/...
Key Takeaways:
Bitcoin’s hashrate fell 4% in December, a pattern VanEck says has historically preceded stronger price returns.
Miner profitability is under pressure as lower BTC prices and higher costs force capacity offline.
Part of the hashrate decline may be permanent, with mining power shifting toward AI workloads.
https://finance.yahoo.com/...
2 months ago
