RE: Bitcoin’s Hashrate Again Hits An All Time High. Awesome news for Bitcoin Users

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fproductions (66)in #hashrate • 7 years ago

Yup. But usually the bitcoin prices rise as the hashrate increases. So can be good overall

7 years ago in #hashrate by fproductions (66)

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nugz (25) 7 years ago

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

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