free web page hit counter
What do hashrate and mining difficulty have to do with the price?

What do hashrate and mining difficulty have to do with the price?

Bitcoin Reddit

More / Bitcoin Reddit 13 Views

Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts
Found the internet!

I see these mentioned from time to time alongside bullish predictions for the price, but what is the actual relationship between them and the price? Can someone Eli5?

87% Upvoted

View discussions in 1 other community

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

4.2m

Members

5.0k

Online


Created Sep 9, 2010

Reddit Inc © 2022. All rights reserved

Advertisement


You can get bonuses upto $200 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 Maiar - DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance, 🟡 Bitfinex, 🟡 Bitmart, 🟡 Bittrex, 🟡 Bitget, 🟡 Crypto.com, 🟡 Gate.io.




GET $200 FREE BONUS NOW!

The $200 FREE BONUS is waiting for you if you register today!


GET CARD FOR FREE NOW!

Comments