#BitcoinHashRateSurge Bitcoin is an alternative form of digital money that is not issued by nation states or corporations and is not controlled by financial intermediaries like banks. People who find value in this new form of money include investors, libertarians, the financially oppressed (no matter where they live), and others
Bitcoin’s hash rate hits a record-breaking 1,000 EH/s, doubling in just 12 months! 🚀 Does this milestone signal stronger network security and bullish momentum, or could it pressure miners with rising competition?
Let’s discuss how this impacts Bitcoin’s price and future!
Bitcoin (BTC) definition
Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments. Instead, Bitcoin uses blockchain technology to support peer-to-peer transactions between users on a decentralized network.