The Bitcoin Hashprice index has reached a monthly high, which is a bullish signal for miners
The Bitcoin Hashprice index has reached 62 PH/s, the highest level of the month, which is a bullish signal for miners. Hashprice is an indicator created by Luxor to measure mining profitability. It estimates miners' daily income based on their estimated contribution to the Bitcoin network's computing power. Glassnode data shows that the Hashprice hovers above 62 PH/s, approximately the highest level since mid-December. (Coindesk)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WBTC officially listed on JustLend DAO
Data: Early Ethereum whale deposits 1,000 ETH to CEX, worth approximately $3.03 million
Next Week's Key Insights: A certain exchange to host Blockchain Week in Dubai; Ethereum releases Fusaka upgrade