Bitcoin Is Data on Nostr: New chart on Bitcoin Is Data: Hash Ribbons. The faster moving average is growing ...
New chart on Bitcoin Is Data: Hash Ribbons.
The faster moving average is growing again and will soon surpass the slower one.
This means that the total hash rate, which is correlated with the price, has started to grow again.
Thanks to @caprioleio for creating this metric.
https://bitcoinisdata.com/hash_ribbons/ 
Published at
2024-07-15 14:34:13Event JSON
{
"id": "a1976bc3f0662d685a578d1e9d418349e4e1389187a0dd108351cb3694999f7c",
"pubkey": "3f2cd56832690b9c871d17b90339c950ce55e272f3b78aad772461a80b218bd1",
"created_at": 1721054053,
"kind": 1,
"tags": [],
"content": "New chart on Bitcoin Is Data: Hash Ribbons.\n\nThe faster moving average is growing again and will soon surpass the slower one.\n\nThis means that the total hash rate, which is correlated with the price, has started to grow again.\n\nThanks to @caprioleio for creating this metric.\n\nhttps://bitcoinisdata.com/hash_ribbons/\nhttps://m.primal.net/JRkI.png ",
"sig": "700ce33fd5120f94c29f96cf3f33662c02923f83ee936f9f2c0059b2f424f66da1c2f842a4998df95371d0f5042579dab4778c18b8402f2228de68cd107cffeb"
}
