🚀 Bitcoin's hashrate hit a whopping 1,000 EH/s on Jan. 3, doubling from last year! Miners are flexing their computational muscles, boosting network security, even after the April halving trimmed rewards. 🏋️♂️
Cash-rich miners like Riot and CleanSpark are gobbling up competitors to power up their hashrate. Meanwhile, JPMorgan is raising the stakes, upping price targets for mining stocks thanks to their BTC stashes.
With Bitcoin ETFs smashing $100 billion, institutional investors are diving in. Sygnum predicts 2025 could be the year Bitcoin shines as a central bank reserve asset. Hold onto your hats!