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Luxor’s Hashrate Index 2022 Mining Year In Review Shows Bitcoin’s Resilience

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Analysis shows that even though the mining industry saw major pressure this year, the network hashrate still grew immensely.Hashrate Index has released its 2022 Bitcoin Mining Year In Review, an extensive report on the mining industry and markets surrounding it. 2022 was a difficult year for Bitcoin mining, with the bear market leading to a hashprice all-time low, bankruptcies and losses for miners. Despite this, hash rate still grew 41%, and Bitcoin mining still generated nearly double the rewards compared to the previous three years. The report covers all of these topics and more in detail.O ...

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