Bitcoin’s hashrate increase isn’t helping miners in any way, here’s why

Bitcoin’s hashrate increase isn’t helping miners in any way, here’s why


AMB Crypto
2023-03-06 16:30:08

Bitcoin miners were found facing some challenges with the rise in the BTC’s hashrate. The number of rigs required to mine Bitcoin increased, however, it caused a decline in miners’ profits. Over the last few months, Bitcoin miners have reaped the benefits of BTC’s short-term rally. Interestingly, besides BTC’s price, the hashrate of the network