-
@ LightningBTC
2025-04-03 23:20:48
My reflex response was...to make it fit in the tweet/post space more readily😁 . Then I asked Grok (after seeing another person ask it a different ? about the chart). Here's its response. You agree?
The chart plots Bitcoin’s hashrate on a linear scale (left axis, in TH/s) to reflect its steady, incremental growth as mining power increases over time.
Bitcoin’s price is on a logarithmic scale (right axis, in USD) to capture its exponential growth and volatility, making long-term trends easier to visualize.
Hashrate growth appears smoother because linear scaling highlights absolute changes, like the rise to 900M TH/s by 2025.
Price, ranging from $1 to $100K, uses a log scale to show proportional changes, avoiding compression of early price movements.
This dual-scaling approach helps compare two metrics with different growth patterns: hashrate’s gradual rise versus price’s dramatic swings.
The chart’s projection aligns with Bitcoin’s halving cycles, which historically impact both hashrate and price due to reduced mining rewards.
Recent tariff concerns, mentioned in related trends, may affect mining operations, potentially influencing hashrate growth in 2025.