#BitcoinHashRateSurge Bitcoin hits all-time high! ๐
The Bitcoin network is experiencing a historic moment, as the hash rate has surpassed 1,000 EH/s, doubling in just 12 months. This leap marks the beginning of an exciting new phase!
What is hash rate and why is it important?
The hash rate represents the computing power that secures the Bitcoin network.
Higher hash rate = greater security: The higher the hash rate, the more difficult it is for malicious actors to hack the network.
In other words, a higher hash rate ๐ means a more secure network ๐.
This achievement reflects the continuous development of the network and puts it at the forefront of cryptocurrencies in terms of security and strength.