kenso on Nostr: 🛡 October Boosts Bitcoin Miners' Revenue—But How Will the Election Shift the ...
🛡 October Boosts Bitcoin Miners' Revenue—But How Will the Election Shift the Market?
🖥 With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network’s hashprice, which represents the value of one petahash per second (PH/s) of hashpower, has climbed by over 14% this month. Meanwhile, the network hashrate is sitting just below the all-time high recorded on Oct. 7.
🖥 With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network’s hashprice, which represents the value of one petahash per second (PH/s) of hashpower, has climbed by over 14% this month. Meanwhile, the network hashrate is sitting just below the all-time high recorded on Oct. 7.