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CoinGape

3 Reasons Why Bitcoin (BTC) Hashrate Hits New ATH of Over 925 Eh/s

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Summary
Nutrition label

70% Informative

Bitcoin hashrate is growing and might continue to soar - This piece discusses three reasons why the hashrate will not slowdown.

Since the Bitcoin halving, the difficulty to mine the coin has increased across the board.

With this statistics, the profitability in mining also soared to match with this cost.

Mining business is a very volatile one as it can sway based on market conditions.

It is worth noting that Bitcoin miners are now exploring AI services.

VR Score

54

Informative language

45

Neutral language

29

Article tone

formal

Language

English

Language complexity

50

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not offensive

Hate speech

not hateful

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not detected

Time-value

medium-lived

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