Explosive Mining Growth Indicates High Confidence in Bitcoin (BTC)

Bitcoin is on a major run. The price of the token is rather flat. Actually, it suffered a pretty big pullback of late.

However the hashrate is exploding. It is getting harder to mine Bitcoin. The answer, according to miners, is to throw more computer power at it.

In one week, the adjustment period saw a rate of over 10%. Now, half way through another, it is on pace for 11%.

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