Hash rate is measured in hashes per second or [h/s].
As halving draws near, while hopes of a comeback for Bitcoin are in place, the concerns about BTC hash rate plummeting has been on the rise.
In a tweet, BTC price stock-to-flow model inventor, Plan B spelled positivity for BTC hash rate adding that he did not foresee retrogression for Bitcoin concerning its network strength after halving takes place.
In a February 26 tweet, when Bitcoin took the downturn, Plan B forecasted $8,200 as the possible bottom.
In a recent tweet on March 1, Plan B stated that BTC hovering around $8,500 in its USD pairing was certainly on point. Though BTC had shed 11% within a week, he maintained that no reasons to worry as he sees a recovery to $8,600 as seen on his BTC price indicator.
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