You are viewing a single comment's thread from:RE: Bitcoin’s Hashrate Again Hits An All Time High. Awesome news for Bitcoin UsersView the full contextkiikoh (46)in #hashrate • 6 years ago Sucks for me as a miner tho ;(
Yup. But usually the bitcoin prices rise as the hashrate increases. So can be good overall
Hash rate doesn't affect coin price... Coin price is determined by supply and demand, that is economics 101.
Hash rate IS affected by coin price (in the long run) as Satoshi designed POW mining to be a NEAR ZERO SUM GAME