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Bitcoin Miners Unfazed By Crash As Hashrate Rockets Up To New Record

Bitcoinist LogoBitcoinist1w ago

Bitcoin Miners Unfazed By Crash As Hashrate Rockets Up To New Record - Bitcoinist

Quick Summary:

On-chain data shows the Bitcoin Hashrate has shot up to a new all-time high (ATH), despite the fact that BTC has continued its bearish trajectory.

As such, miners tend to expand when Bitcoin is going through a bullish phase.

Whenever miners add Hashrate, they naturally become faster at their task and start receiving rewards at a faster than usual rate.

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Bitcoin Miners Unfazed By Crash As Hashrate Rockets Up To New Record - Bitcoinist (Picture 1)Bitcoin Miners Unfazed By Crash As Hashrate Rockets Up To New Record - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 09:00:37 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 452 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 27718330

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 18 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Bitcoin Miners Unfazed By Crash As Hashrate Rockets Up To New Record" has 452 words across 37 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin Miners Unfazed By Crash As Hashrate Rockets Up To New Record" was covered 1 weeks ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 18 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #27718330
  • URL: https://beamstart.com/news/bitcoin-miners-unfazed-by-crash-17441029285833

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