#BitcoinHashRateSurge Just recently, the
Bitcoin Network Hash Rate is at a current level of 851.34M, up from 813.14M yesterday and up from 509.06M one year ago. This is a change of 4.70% from yesterday and 67.24% from one year ago. Hashrate is a measure of how many calculations can be performed per second and it's usually measured in billions, trillions, quadrillions, and quintillions. For example, a hashrate of 1TH/s means one trillion calculations can be performed every second. Going by these figures, it is no more wonder why the price keeps surging rapidly, despite some slight fluctuations here and there. All these are owned to the number of active miners and active traders every day. This is a clear indication that it is fast becoming a reliable fiat for transactions and businesses on a global scale. But while it continues to surge, it is only expected that other tokens/coins should also see reasonable appreciation in their values. This has not really been the case so far. The market has been so heavily rampant with rapidly fluctuating dumps and volatility. Maybe it is a coincidental trend, or just a sign yet to be deciphered.
We are thinking about it...! #BTC