<ul><li>The Bitcoin Mining Hashrate has remained at recent lows, indicating miner caution about the coin's rally.</li><li>The Hashrate surge to an all-time high earlier in the month was unsustainable due to corresponding BTC price action.</li><li>Miner revenue heavily depends on BTC price, leading to cautious upgrades when BTC price went down.</li><li>Bitcoin is currently trading at around $63,300, down almost 4% in the last 24 hours.</li></ul>

Bitcoin Hashrate Continues To Be At Lows: Miners Not Confident About Rally?

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