As per the article, the hashprice, which measures mining profitability, has seen a 29% increase since the end of October. This surge was caused by the rapid growth of the BTC rall
y, which outpaced the growth in network hashrate, and an increase in transaction fees as a percentage of the block reward, as stated by analysts Reginald Smith and Charles Pearce.
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<p>The post Hashprice Rises 29% Due to BTC Rally Outpacing Network Hashrate Growth and Transaction Fees Increasing as a Percentage of the Block Reward, Analysts Say first appeared on CoinBuzzFeed.</p>
