February was one of the most volatile months ever for bitcoin mining metrics, and the turbulence that began there cast a long shadow over Q1 2026. By the time April arrived, miners were watching closely for signs of stabilization. What they got was a modest but meaningful rebound, driven by a recovering BTC price, easing network difficulty, and a hashrate forward market repricing sharply higher. Here is what the data showed, and why the full picture is worth a deeper look.