DWOLFBTC on Nostr: Yes When miners actually profit off mining #bitcoin they turn machines on Isn’t ...

Yes

When miners actually profit off mining #bitcoin they turn machines on

Isn’t this common sense?

For reference

2021 $69k #btc Hashrate ATH was 185EHs

2024 69k ATH at 945EHs

Just means more miners are in profit and are ruthlessly mining bitcoin

Price stopped following hashrate November 2021