Good read, as always. I would suggest to plot a btc_price/hash_rate correlation TIME-DELAYED by the lag the miners have in responding to more or less incentives. We may see a constant and coherent high correlation number - which could be of great use in trading MARA/RIOT etc. using BTC as a leading indicator.
Good read, as always. I would suggest to plot a btc_price/hash_rate correlation TIME-DELAYED by the lag the miners have in responding to more or less incentives. We may see a constant and coherent high correlation number - which could be of great use in trading MARA/RIOT etc. using BTC as a leading indicator.