CryptoQuant CEO Calls Rising Bitcoin Hashrate ‘Indirect Bullish Signal’ from Institutions

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.

Bitcoin hashrate hits 7 month high as miners chase AI

the breakdown Market briefing: Bitcoin's 7-day hashrate just topped 1 zettahash per second, a seven month high, even as big miners pivot to AI. BTC was trading near $81,675, down about 1.3% on the day. Bitcoin's 7-day hashrate topped 1 ZH/s, its highest in seven months and strongest since March 3. Listed miners cut realized hashrate 23% chasing AI and HPC, with Marathon Digital and CleanSpark leading the pivot. Smaller and mid-sized operators …

Bitcoin (BTC) Hashrate Turns Higher as Miners Run at Full Capacity

Ki Young Ju said a rising hashrate strengthens network security and Bitcoin’s store-of-value fundamentals. He separately called traditional finance firms’ backing of public miners an indirect bullish signal.

The miner pivot to artificial intelligence fails to reduce Bitcoin network difficulty - The Cryptocurrency Post

Corporate migration toward advanced high-performance data centers promised to grant operational relief across the decentralized protocol. However, computational pressure keeps breaking records as hashrate shrugs off the unplugging after rebounding past one zettahash per second, sustaining a competitive baseline that shatters all expectations of an algorithmic reprieve. Prevailing assumptions held that redirecting wholesale power capacity […]

CryptoQuant CEO Highlights Rising Bitcoin Hashrate Signaling Institutional Confidence in Miners

TL;DR Bitcoin’s hashrate has increased by approximately 45% since July, rising from 726 EH/s to around 1,050 EH/s. CryptoQuant CEO Ki Young Ju considers the increase in computing power an indirect bullish signal of institutional support for Bitcoin miners. NIP Group announced the acquisition of mining equipment with 4.47 EH/s of capacity, although shares of ...