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Sakariya Mohammed mahir
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#BitcoinHashRateSurge The market shows that BTC breaks through 102,000, now at $102,000.26, up 3.98% in 24 hours, the market fluctuates a lot, please do a good job of risk control. As today media focus on trump inauguration which is held on 20th January 2025, so this media hype take btc on 102k and mostly alt coins and meme coins pump after this hype. According to chart analysis when btc break every bearish zone it makes bullish zone which was very strong from previous one now today btc achive another miles stone which is 102k mark after long 17 days wait. Previous 17 day's btc stuck in between 91k-99k. So now we have very strong bullish zone ahead. Every time when media focus on trump related news then btc and many alt coins pump so aggressively and in just few minutes. Now we have another good news which is hash rate of btc, now btc hash rate almost double when btc btc on 90s so 2025 have a bright future for btc and hash rate doubles means this 1000 hs send btc at 180k according to hash rate plan. So take your positions accordingly. Just trump inauguration news send btc at 102k so think after trump inauguration or on inauguration day what will do market with btc, maybe 1st Quarter sent btc above 150k as per analysis so take your positions accordingly and take these positions strongly after 17th January 2025. Lot of words here so Thankyou and thanks for your support...
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The Bitcoin hashrate has recently surged to an all-time high, reaching over 1,000 exahashes per second (EH/s) on January 3rd, 2025. This significant milestone indicates a substantial increase in the network's computational power and reflects the growing competition among miners.¹ The surge in hashrate is attributed to various factors, including: - *Advancements in Mining Technology*: The introduction of more efficient ASIC miners has boosted computational output while reducing energy consumption.² - *Rising Adoption of Renewable Energy*: Increased use of solar, wind, and hydroelectric power has made mining more cost-effective and sustainable. - *Post-Halving Incentives*: The reduced block reward from Bitcoin's recent halving has pushed miners to increase efficiency and scale to maintain profitability. - *Institutional Investments*: Large-scale mining farms backed by institutional funding have added significant capacity to the network. This surge in hashrate has several implications for Bitcoin's security and price. A higher hashrate makes it computationally infeasible for bad actors to execute a 51% attack, increasing the network's security. Historically, there has been a positive correlation between hashrate and Bitcoin price, suggesting that this surge could be a bullish sign for the cryptocurrency.
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