#BitcoinHashRateSurge
Bitcoin's hash rate has skyrocketed to a new all-time high, surpassing 800 exhashes/sec. This surge in computational power signifies increased miners participation and network security. However, it also raises concerns about centralization as a few large mining companies dominate the space. While a robust hash rate enhances Bitcoin's resilience against attacks, the concentration of mining power in fewer hands could potentially impact the network's decentralization goals.
Long story short - BTC bullish for now. But how long?
