[Founder of CryptoQuant: Bitcoin hash price hits record low, some mining companies have switched to mining other PoW coins for hedging] Golden Finance reported that CryptoQuant founder and CEO Ki Young Ju posted on social media that Bitcoin hash price has hit a record low. Many mining companies have slowed down their investment in mining machines, and some companies have turned to other PoW currencies to hedge against market uncertainties. Hash price is a term coined by Bitcoin mining service company Luxor, which refers to the expected value that can be generated by 1 PH/second or 1 TH/second of computing power per day. This indicator quantifies the benefits that miners can expect to gain from a specific amount of computing power.