The Bitcoin hash rate has surpassed 1.1 zettahashes per second, which is becoming a hot topic.


It seems to be the first milestone since Satoshi in 2009.
The numbers are so large that it’s hard to grasp, but basically, it means the mining network has reached its strongest level ever.

Looking at how the hash rate has grown over the past few years, even with electricity costs and regulatory pressures, miners continue to connect new equipment one after another.
The curve since 2018 has been almost a straight line upward.
In other words, Bitcoin’s security is becoming increasingly robust, and the difficulty of attacks is rising every second.

Maybe that’s also reflected in the price.
Bitcoin’s 200-week moving average has risen to previous peak levels.
The current price has reached the $80,000 range, and on a long-term basis, the entire cryptocurrency market has experienced dramatic growth, roughly a 10,000-fold increase.
The simultaneous strengthening of the hash rate and the rising chart may indicate that the market is valuing this network reinforcement.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin