Feb 25, 2026
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BULLISH 📈 : Bitcoin Hashrate Recovery Signals Next Price Rally Ahead
Former CoinRoutes CEO Dave Weisberger suggests that Bitcoin's early-2026 hashrate rebound indicates more than just a mining-cycle recovery; it may signal a broader price movement. He compares this to central bank gold buying, which historically preceded significant price increases.
- Weisberger notes a "textbook V-shaped recovery" in Bitcoin's network hashrate, rising from below 900 EH/s to over 1 ZH/s with a nearly 15% difficulty increase.
- This recovery is attributed to sovereign-linked mining rather than private miners, suggesting government involvement in Bitcoin mining.
- At least 13 nation-states, including Bhutan, UAE, El Salvador, Russia, Iran, and Ethiopia, are reportedly engaged in governmental or state-linked Bitcoin mining.
- Sovereign miners convert strategic energy into a seizure-resistant reserve asset for policy reasons, differing from retail or corporate mining strategies.
- The recovery is seen as a lagged indicator due to the slow-moving nature of sovereign mining expansion, involving hardware procurement and infrastructure buildout.
Weisberger believes this trend strengthens Bitcoin's network security and positions it as a reserve asset, not just a speculative vehicle. At press time, BTC traded at $63,209.
