Impact of Hashrate on Bitcoin Price Predictions

As far as the Bitcoin network's components are concerned, the Bitcoin hashrate plays an integral part. Diving right into its essence, Bitcoin hashrate can be referred to as a parameter that calculates the number of calculations that the network can perform each second. Basically, it's the feature that gives dimensions to Bitcoin's architecture.  When Satoshi Nakamoto designed the world's first cryptocurrency, he had to solve a basic problem of getting nodes that would maintain the system and have an incentive…