According to Cointelegraph, public miners supported by major traditional finance (TradFi) players are returning online, which is increasing Bitcoin’s hashrate. The CEO of CryptoQuant described the rising hashrate as an indirect bullish signal stemming from institutional participation. No specific dates or figures for the hashrate change were provided. The increase reflects activity from miners that are publicly backed and associated with institutional investors in traditional financial markets. This development is interpreted by the CEO as evidence of growing institutional interest influencing miner operations and network security through increased hash power.
