Elevated Hashrate Driving Bitcoin Miner Ebullience
December 21, 2023 at 08:30 AM EST
Bitcoin’s hashrate, which measures total computing power on proof-of-work networks, is soaring to record highs, providing support to shares of cryptocurrency mining equities along the way. For confirmation of that trend, investors need look no further than the Invesco Alerian Galaxy Crypto Economy ETF (SATO). The fund, which is home to a slew of bitcoin [...] The post Elevated Hashrate Driving Bitcoin Miner Ebullience appeared first on ETF Trends .