When the price of Bitcoin drops, companies engaged in BTC mining generally begin to experience some difficulties.
At this moment, that does not seem to be happening.
Actually, the hashrate is rising. How can this be explained?
The hashrate of Bitcoin mining
According to the estimates by CoinWarz, updated almost in real-time, in the last seven days the overall hashrate allocated globally for Bitcoin mining has risen from 1.03 Zh/s to the current 1.29.
In the same period, the price of Bitcoin fell from $121,000 to less than $105,000.
In theory, a reduction in the value of the BTC market should reduce the miners’ revenues, since they earn solely in BTC and then partially sell them on the market to pay for the purchase of electricity.
So it turns out to be quite strange this dynamic where the hashrate rises while the price falls.
This discussion is actually much more complicated, because the two trends (hashrate and price) tend to be correlated only in the medi
We współpracy z: https://en.cryptonomist.ch/2025/10/17/bitcoin-mining-in-great-shape-despite-the-price-drop/
