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Bitcoin network hashrate rises for 2 months; miners show bullish signs amid lower mining costs.

Market News
14 Oct 2026
Tokenpost
View Source
Bullish
Bitcoin network hashrate rises for 2 months; miners show bullish signs amid lower mining costs.

Bitcoin's network hashrate has increased for two consecutive months following a nine-month decline, signaling renewed miner confidence. Ki Young Ju noted that miners are no longer pressured to sell their Bitcoin holdings. The largest publicly listed mining company, MARA, reported an average mining cost of $59,774, which is below the current market price of Bitcoin, indicating profitability for miners. The addition of new mining equipment further suggests that miners are optimistic about Bitcoin's future.

Bitcoin's hashrate rise and miner sentiment provide context alongside Pluang's market data. For readers following cryptocurrency broadly, here is Pluang's market snapshot as of Oct 15, 2026 00:11 WIB: out of 50 major cryptocurrencies, only 6 rose while 43 fell. Among notable movers, BAL (Balancer) increased by 11.14% to Rp16.297, EOS (EOS.IO) gained 8.13% to Rp12.649, contrasting sharply with SXP (Solar) which dropped 46.27% to Rp37, with typical hold times ranging from 85 to 94 days on Pluang.

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