Bitcoin hashrate and price correlation?
Key Points Background Bitcoin’s hashrate measures the total computational power securing the network, while its price reflects market demand. Understanding their correlation helps investors and analysts predict market trends. Correlation and Causality Studies…
Key Points <ul><li>Research suggests Bitcoins price and hashrate are correlated, with price changes likely influencing hashrate.</li><li>It seems likely that higher prices attract more miners, incre… [+10552 chars]
