Forget BTC price: The Bitcoin mining boom is quietly going parabolic

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Forget BTC price: The Bitcoin mining boom is quietly going parabolic
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  • 📰 Cointelegraph
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Does BTC price still follow hash rate? New all-time highs are due this week.

Bitcoin may be struggling at $30,000, but under the hood, all-time highs of a different kind keep coming.

As BTC/USD added 70% in Q1 alone, pressured mining participants saw some much-needed relief after the bear market squeezed profit margins to practically zero.

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