Bitcoin Hashrate Hits Record High: Network Is Stronger Than Ever

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Bitcoin Hashrate Hits Record High: Network Is Stronger Than Ever


Despite the recent price fluctuations of Bitcoin (BTC), the hash rate of this digital currency has reached a new record. According to data from Ycharts, Bitcoin’s hash rate has reached 742 exahes per second, an increase of 70% compared to last year. This increase means a more powerful network and more security. A high hash rate prevents 51% of network attacks. It also shows that mining activity has increased. This statistic shows that the Bitcoin network has moved closer to its main goal: creating a decentralized and secure network for digital currency.

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