https://i.imgur.com/wPfBSof.jpg?1I do not understand why the network hash rate fluctuates so much. From 63,000 to 78,000 back to 60,000. With such magnitude (and frequency).
My thoughts on the causes:
1) People are turning their miners off when they go to sleep at night.
2) The new asic are unreliable and need to cool down and be restarted every two days.
3) When the price of bitcoins surges billions of people turn on CPU miners.
Seriously though can anyone really explain this to me?
toni_iommi Holding and Mining