Public Bitcoin miners' hash rate is booming — but is it actually bearish for BTC price?


$ 83,633.8
€ 76,668.6
¥ 38,800.0
£ 64,034.7
BTC
-0.57 %
$ 1,836.28
€ 1,683.29
¥ 852.01
£ 1,405.73
ETH
-1.06 %
$ 217.09
€ 199.01
¥ 101.07
£ 166.20
XMR
0.16 %
$ 83.92
€ 76.92
¥ 38.92
£ 64.24
LTC
2.87 %

Efforts to keep Bitcoin mining operations afloat may end up stressing the spot BTC price further lower.