Bitcoin Hash Rate Record Highs Show Miners Are Long Term Bullish

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Bitcoin (BTC) continues to set new records for its network hash rate this month, a sign that miners have shaken off weak price performance.Due to it being impossible to measure hash rate exactly, all charts are estimates that rely on the previous period’s block times. Hash rate refers to the overall computing power involved in validating transactions on the Bitcoin blockchain. More power suggests greater network security, as well as interest in the profitability potential of Bitcoin mining. the network hash rate appeared to experience volatility last month, with Blockchain’s reading falling 40% in one day before analysts explained the statistics did not imply miners were deserting bitcoin. Read more 
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