Bitcoin Forum

New hashrate ATH again. Crushing the old high with no less than 15%.
Up over 150% last six months. Rate of hashrate deployment is staggering.  8)

https://i.imgur.com/43cnhaq.jpg

Why did you post a two weeks old graph in something that is supposed to be "news" ?

This is the current situation:
https://i.imgur.com/RaYPXEb.png

Even if the price of the coin falls and the demand falls, as long as there is no fall in the hash rate, it means that the coins are not dying. But sadly the information provided here is not new but rather a couple of weeks old. Therefore, no further comments will be made.

The information provided here is inaccurate. The graph is not an updated one. It is at least from a couple of weeks before. It will be better if the information provided here is the latest one.

The hashrate curve you have posted seems to not be that new and also very backdated seems like. The current situation is very different and the rate of hashrate has been on an increase again after taking a huge dip.

Yes and no. Miners might attempt to pump the coin they mine but it is not going to work out long-term (e.g. Bitcoin Cash - miners [Bitmain] were mining it even though Bitcoin was more profitable). Any coin is useless if there is no large user base and merchants who would accept it. The price is not the most important factor here, it is the demand.

not really. hashrate and its increase/decrease status only shows profitability of mining said coin and possibly introduction of newer equipment with more efficiency. and fall in hashrate only indicates that miners stopped mining, the  reasons of which can be anything like costs of electricity in their area going higher or for instance some disaster in a mining facility like fire...


wrong. miners in early days were mining BCH and switched from bitcoin to it because it was more profitable to mine it than bitcoin. it was like this for 24 hour periods:
144 blocks/day * 12.5 BTC reward per/block * ~$4500 (Aug 2017 price) = $8,100,000
~1000 blocks/day * 12.5 BCH reward/block * ~$900 (Aug 2017 price) = $11,250,000
(1000 was possible with magic of EDA).

"It is 2 years old graph but as per the graph Bitcoins Hash rate and Difficulty are just fighting :D But current situation is way better than the previous one. We should keep our eyes on current situation too.

"

The timeline of your graph is too short and we cannot rely on that. Try to look from the post below you because that post is the true news we are lookinh for. Nevertheless, drops in hash rates sometimes affects the market in a great way. With that said, we must increase the number of miners in this world or burn some tokens.

they both are the same chart representing the same data in the same time frame :P
it is showing a rise in hashrate to reach a ATH, it just happened to take place a while back. there is no "drop in hashrate" either. what you see is fluctuations that always happen and they do not affect the price in any ways.
your last statement is just wrong, i don't even know how you came up with that!

it is past graph present situation now very good. graph are going upward. it will do something good. i want to know more about this. because i want to invest.