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With 6.98% upward difficulty adjustment, hashrate is ripping.

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With 6.98% upward difficulty adjustment, hashrate is ripping.

Just before the year was about to end, the hashrate had blessed us with a bullish signal of a mighty 6.98% upward adjustment reaching new all time highs!

The news on mining have been nothing more than impressive lately. For instance: * I just saw that Ocean Mining hashrate jumped up by 66% yesterday night. * Mining companies expand massively their operations. * The Middle East joins the mining game.

Investing in mining is no joke, some might say they are the most bullish ones in the space, as they could have just bought bitcoin and sell shortly for a profit.. Instead.. they are playing a longer time game.

Honestly its just surreal how great 2023 has been, and it seems that we are onto a great start of 2024 with a spot ETF and the halving coming.

Hard not to at my best bullish behaviour! I guess ill have to keep my conviction high and be stacking the yearly highs all year long...

LFG!

submitted by /u/saulabrm
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