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Bitcoin Miners Unfazed By Crash As Hashrate Rockets Up To New Record

  • Bitcoin has reached a new all-time high in terms of hashrate, which is the total computing power of mining operations on the network.
  • The hashrate surge is surprising considering Bitcoin's recent price decline and the increase in mining difficulty.
  • Typically, miners expand their operations during bullish market phases, but they seem to be undeterred by the current market conditions.
  • Despite the price drop, Bitcoin miners continue to add more machines to the network.

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