Despite heavy pullbacks in price, the network continues to perform better than ever. Transactions are cleared quickly and fees are low. The economical use of block space through batching and SegWit are strong contributing factors. Hash rate continues to rise despite declining prices, which may begin to pinch out smaller mining operations due to shrinking profits.
Bitcoin Price Analysis – A slow bleed
Despite heavy pullbacks in price, the network continues to perform better than ever. Transactions are cleared quickly and fees are low. The economical use of block space through batching and SegWit are strong contributing factors. Hash rate continues t…