Bitcoin Hashprice Indicator Hits Monthly High, a Bullish Sign for Miners

Odaily News The Bitcoin Hashprice indicator has reached 62 PH/s, the highest level in a month, which is a bullish signal for miners. Hashprice is an indicator created by Luxor to measure mining profitability. It estimates the daily income of miners based on their estimated contribution to the Bitcoin network computing power. Glassnode data shows that Hashprice hovers above 62 PH/s, which is about the highest level since mid-December. (Coindesk)