Bitcoin Miner Metrics: Hashrate and Thermocap

May 13, 2021 at 8:42 p.m. UTC
Updated Aug 23, 2021 at 8:46 p.m. UTC

How is hashrate calculated? What does thermocap represent? What do hashrate ribbons say about bitcoin price cycles? This research note looks at Bitcoin miner metrics and how investors can use them to glean insight into the asset’s price and network fundamentals.

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