Bitcoin Hashrate Bounces Back to 915 EH/s: Miner Capitulation Easing?

Bitcoin's hashrate rebounded to 915 EH/s after falling to 853 EH/s on September 8, marking its third recovery from around that area in recent weeks.

This move raises questions about whether miner capitulation is beginning to ease, as improving hashprice could reduce miner stress and forced selling pressure on BTC.

The hashrate remains 20% below its peak, but sustained growth may signal stabilization. However, it does not confirm a rally in the price of Bitcoin.