#blockchain miners and network activity are trending back with strong engagement and their confidence and the #Bitcoin network continues to increase, the#hashrate is trending upwards and is expected to reach a new #ATH.
However, when looking at the short-term aspects (#STH), investors still do not have a clear decision for holding Bitcoin at this time, besides the on-chain volume is decreasing on exchanges.
The hash rate of #Bitcoin BTC is slightly lower than the#ATHbut still reflects a high level of miners' confidence in the future of the network.
Although the current revenue for mining #Bitcoin has not remained high, miners have decided to continue investing in technology and equipment to support the network.
