Bitcoin’s hashrate increase isn’t helping miners in any way, here’s why

Bitcoin miners were found facing some challenges with the rise in the BTC’s hashrate. The number of rigs required to mine Bitcoin increased, however, it caused a decline in miners’ profits. Over the last few months, Bitcoin miners have reaped the benefits of BTC’s short-term rally. Interestingly, besides BTC’s price, the hashrate of the network […]