Bitcoin Price Down, But Hashrate Sets New All-Time High

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Bitcoin miners have taken the 7-day average Hashrate to a new all-time high (ATH), despite the fact that the token’s price has been down recently. Bitcoin Hashrate Has Just Set A New Record The Bitcoin “ Hashrate ” refers to the collective amount of computing power that the miners as a whole have connected to the blockchain. Miners use their computing resources to compete against each other, so this power never actually works as a collective, but the Hashrate is nonetheless a useful metric as it...