Coin Edition
2023-10-31 11:44:00

Bitcoin and ASIC Miners’ Price Follow the Same Trajectory: Analysis

Adam Back, co-founder and CEO of blockchain company Blockstream, in a recent analysis, said the price of Bitcoin and Bitcoin mining equipment often follow the same trajectory. Back pointed to historical data to back up his claims. Indeed, the CEO in the post said ASIC miners and Bitcoin prices often correlate. He noted that before The post Bitcoin and ASIC Miners’ Price Follow the Same Trajectory: Analysis appeared first on Coin Edition .

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