CryptoQuant CEO Calls Rising Bitcoin Hashrate ‘Indirect Bullish Signal’ from Institutions
8 Articles
8 Articles
CryptoQuant CEO Calls Rising Bitcoin Hashrate ‘Indirect Bullish Signal’ from Institutions
CryptoQuant’s CEO called the rising Bitcoin hashrate an “indirect bullish signal” from institutional investors, showing that public miners backed by TradFi giants are coming back online.
⚡ The processing power of the Bitcoin network has risen to 1 ZH as of October 22, 2026. 🏭 Share in $BTC mining is concentrated in large companies with low costs and high efficiency. 📅 Difficulty and competition continue to increase in the period leading up to the halving in April 2028. Read More: Bitcoin network power rises again to 1 ZH level The article "Bitcoin network power rises again to 1 ZH level" first appeared on COINTURK.
Bitcoin (BTC) hashrate returned to 1,000 EH/s and difficulty hit a record high of 140.58 T; Ki Young Ju sees TradFi-backed mining as an institutional bullish signal.
Bitcoin’s hash rate returned to 1,000 EH/s in October 2026 and the difficulty of mining reached its highest level in seven months. Expansion, however, favors operators with efficient equipment, cheap electricity and support from large capitals.
CryptoQuant CEO Says Rising Bitcoin Hashrate Signals Institutional Demand
Bitcoin’s network hashrate has climbed meaningfully from recent lows, reviving attention on what the metric can signal about mining confidence. CryptoQuant founder and CEO Ki Young Ju said the rebound points to “indirect bullish” backing from institutional participants that support public Bitcoin miners. Ju linked the recent hashrate improvement to stronger network security and more [...]
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