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Mining Cointelegraph

Bitcoin’s discount to hash rate highest since early 2020 — Mike McGlone

The senior commodity strategist is bullish on Bitcoin, revealing on Oct. 18 that its relative discount to hash rate has hit levels not seen since the first quarter of 2020.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin’s discount to hash rate highest since early 2020 — Mike McGlone

The senior commodity strategist is bullish on Bitcoin, revealing on Oct. 18 that its relative discount to hash rate has hit levels not seen since the first quarter of 2020.

Why this matters

This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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