How Will Bitcoin Miners Choose During the Wet Season in a Bull Market?

For Bitcoin miners, the approach of the wet season means the beginning of hashrate "migration." Domestic hashrate shifts from northwest to southwest regions between April and May, chasing lower electricity prices to save mining costs. With the arrival of the Bitcoin bull market accompanied by a significant rise in mining profits, will this change the "migration" patterns of previous years to some extent? Meanwhile, will the hashrate increases in North America and Europe also weaken the impact of domestic seasonal hashrate transfers? How do various factors such as the bull market, mining machine capacity, and global hashrate distribution affect miners' decisions? Let us explore this year's mining trends with these questions in mind.