If you are thinking of Investing in Bitcoins , now is the time , the hash rate hit an all time high of 130 Eh/s yesterday.
Daily hashrate fluctuations are irrelevant.
It depends a lot on the 24h interval you chose to analyze, the luck in mining blocks can heavily influence this, for example, bitinfocharts who has a different hourly interval reported 139exa on the 25th:
https://bitinfocharts.com/comparison/bitcoin-hashrate.html#3mFor the same ay bitcoin(com) reported 120.
Also, blockchain.info reported a max peak of 129.
Besides, on the current pace we're experiencing, the
predicted difficulty is somewhere around:
Next Difficulty: between 17629247069481 and 17786089856163
a measly 2% from the 17,345,948,872,516 from July, when the price was at 9k.
Besides, just to see how bad of an indicator the hashrate is, it actually dropped while the price was rising!
you can't predict price or make investment decisions based on bitcoin mining hashrate at all because hashrate changes after the price moved and since it has been rising for a while now breaking $10k first then $11k and now $12k consequently the hashrate had to follow that too.
Exactly, the increase in hash rate is not a trigger for a new price jump, it was caused by the last one.
Hash rate cannot determine the price of the Bitcoins , but the thing is when during Halving the hash rate declined , some were worried now we have encompassed that factor. Therefore that's a "+" for the community and at the same time we did break through the resistance of 12k!!
Plus there is a reason I wrote MIGHT , which does state that , rally might happen .
Please read before actually putting assumptions since there was no where that I did say that hash rate is an indicator of price.