Bitcoin’s hashrate, that stubborn old mule, keeps climbing higher, like a drunk cowboy on a mechanical bull. 🐎 Despite the cryptocurrency’s price acting like a sulky teenager, the hashrate is out there, flexing its muscles and breaking records. Cryptocurrency analyst Miles Deutscher, with the wisdom of a man who’s seen too many market crashes, says this is a sign of growing miner confidence and beefed-up network security. 🛡️
Deutscher, with the confidence of a man who’s just won a poker hand with a pair of twos, declares that this surging hashrate is bullish for Bitcoin. 🐂 Because, of course, when the numbers go up, it’s always a good thing—unless it’s your cholesterol. 📈
According to CoinWarz, Bitcoin’s hashrate hit a jaw-dropping 1,113 EH/s on April 13. That’s a number so big, it makes your high school math teacher cry. 😭 Meanwhile, the mining difficulty is sitting at a cool 121.51 trillion, which is roughly the number of times your mom has asked you to clean your room. 🧹
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2025-04-14 19:44