bam on Nostr: And why has at the same time, the hash rate continue to go up, up and up hitting new ...

And why has at the same time, the hash rate continue to go up, up and up hitting new all time highs?
Are they getting new ways of having cheaper energy?
Is mining incentivising new energy production?
Why are these miners investing capital to have hardware that execute bitcoin hashes?
Do they see a long term prosperity future for bitcoin? 🤔