Quote from: mk4 on Today at 09:56:46 PM

Quote from: Sadia33 on December 16, 2022, 01:44:18 PM

will increase hash rate in very next year?

Your guess is just as good as mine. Mostly though, it will highly depend on what bitcoin's price range would be(hence how profitable mining would be) which obviously, no one knows.

Not only on the price range but the available technology during those time. These two factors affect the profitability of the Bitcoin mining so the cheaper and better technology available during those future times, the greater the hashrate is produced.

Quote from: bitcoinsFTW9 on Today at 09:30:42 PM

It is difficult to predict exactly what will happen to the hash rate in the future, as it is influenced by many factors, including the price of Bitcoin, the availability of mining hardware and electricity, and the overall level of interest in mining.

That being said, the Bitcoin network has a history of consistent growth in terms of hash rate, and it is likely that the trend will continue in the future as more people become interested in mining and the technology continues to advance. However, it is important to note that there are no guarantees in this regard, and the hash rate could potentially go up or down in the short term or even in the long term.

True but we can have an outlook that the technology behind these Asic Miner will continue to get better producing more hash rate in a lesser energy consumption, thus making dollar spend much more efficient than the previous technology. this is another reason why the Bitcoin network hash rate history is consistently upward.