{"id":78373,"date":"2026-03-31T01:01:33","date_gmt":"2026-03-31T01:01:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=78373"},"modified":"2026-03-31T01:01:33","modified_gmt":"2026-03-31T01:01:33","slug":"bitcoin-miners-are-coming-back-hashrate-jumps-12-5-from-march-lows","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=78373","title":{"rendered":"Bitcoin Miners Are Coming Back\u2014Hashrate Jumps 12.5% From March Lows"},"content":{"rendered":"
\n

On-chain data shows the Bitcoin mining Hashrate has seen a notable jump since the mid-March lows, a sign that miners have been coming back.<\/p>\n

Bitcoin Hashrate Has Retraced Much Of The Earlier Decline<\/h2>\n

The \u201cHashrate<\/a>\u201d refers to an indicator that keeps track of the total amount of computing power that miners have connected to the network. It\u2019s measured in terms of hashes per second (H\/s), or more practically, in exahashes per second (EH\/s). This metric can serve as a proxy for the sentiment among miners; its value going up can imply the chain validators are finding the network profitable to mine on, while its value going down can suggest this cohort is leaving the chain for now<\/p>\n

As the chart below from Blockchain.com<\/a> shows, the 7-day average value of the Bitcoin Hashrate witnessed a drawdown during the first half of March.<\/p>\n

\"Bitcoin<\/p>\n

Interestingly, this drop in the metric came alongside a recovery surge in BTC\u2019s spot price. Often, miners tend to follow the cryptocurrency\u2019s value as their revenue directly correlates with it. This time, however, the two showed a divergence.<\/p>\n

Some speculated that the decline may be due to a shift that the mining industry has been observing recently, with many big public mining companies choosing<\/a> to focus on the emerging AI\/datacenter business. Since bottoming at 920.8 EH\/s on March 19th, however, the Hashrate has made significant recovery, raising doubts about the theory.<\/p>\n

Today, the 7-day average value of the Hashrate is sitting at 1,036.6 EH\/s, which is about 12.5% up from the low seen earlier in the month. The metric is still not quite back at the 1,083.9 EH\/s top from March 1st, but if the recent trajectory continues, it\u2019s possible that a full recovery could happen.<\/p>\n

It only remains to be seen, though, how the Hashrate will develop in the near future, considering the consolidation phase that Bitcoin has been stuck in during the war uncertainty and miners making a push toward AI.<\/p>\n

In some other news, the Bitcoin spot exchange-traded funds (ETFs)<\/a> were observing a streak of positive netflows earlier, but the latest week has broken the trend, according to data from SoSoValue<\/a>.<\/p>\n

\"Bitcoin<\/p>\n

As displayed in the above graph, the US Bitcoin spot ETFs saw net inflows for four straight weeks before the latest one, implying demand was pouring into the cryptocurrency via these funds. Last week, however, the trend reversed as over $296 million in capital left the vehicles instead.<\/p>\n

BTC Price<\/h2>\n

At the time of writing, Bitcoin is trading around $67,600, down nearly 5% over the past week.<\/p>\n

\"Bitcoin<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On-chain data shows the Bitcoin mining Hashrate has seen a notable jump since the mid-March lows, a sign that miners have been coming back. Bitcoin Hashrate Has Retraced Much Of The Earlier Decline The \u201cHashrate\u201d refers to an indicator that keeps track of the total amount of computing power that miners have connected to the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-78373","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78373"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78373\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}