What is a bitcoin hashprice index?
Excuse me, I'm curious about a concept I've encountered recently, the Bitcoin hashprice index. Could you please explain in simple terms what it actually represents? I understand bitcoins are digital currencies, but the term "hashprice index" seems to be more technical. I'm wondering if it relates to the difficulty of mining bitcoins, or perhaps the cost of the computing power required? Any clarification would be greatly appreciated. Thank you for your time and expertise in this area.