Bitcoin's hash rate reached a new record high over the weekend, making it increasingly difficult for any individual or group to control more than 50% of the network's computational power. The hash rate is a critical metric that reveals the health and security of the network, serving as a measure of the estimated computational power committed to supporting the Bitcoin ecosystem.
A higher hash rate directly correlates with a more secure network, creating formidable barriers for anyone attempting to compromise its integrity. The recent surge in Bitcoin's hash rate may be due to Texas-based miners resuming operations at full capacity, resulting in anticipated growth in Bitcoin mining difficulty.
All Comments