A Divergence of HashRates in 2019
▻https://hackernoon.com/a-divergence-of-hashrates-in-2019-1a91143395d4?source=rss----3a8144eabfe
A Divergence of HashRates in 2019Bitcoin mining operation — ▻https://usethebitcoin.com/bitcoin-computing-power-is-growing-faster-than-its-price/IntroductionAs I have established in previous posts, the hashrate and price of a cryptoasset are typically linked. As cryptocurrencies recover in 2019, it is worthwhile to evaluate the hash power of the leading cryptoassets to gain a sense of the mining community’s confidence in the future prospects each cryptoasset. In this post I evaluate the hash power of three leading cryptoassets Litecoin, #bitcoin, and Ethereum. I find that hashrates are diverging for Litecoin, Bitcoin, and Ethereum, indicating that Litecoin and Bitcoin will outperform Ethereum in the forthcoming bull market.LitecoinLitecoin has had the most remarkable #hash-rate resurgence (...)