Over the past week, the amount of computing power used to mine bitcoin (BTC) has grown by 25%. On September 3, the hash rate approached 90 exams per second (EH / s).
According to Blockchain , the hash rate is now nearly 88 EH / s. At the end of last week, this figure for the first time in history exceeded 83 EH / s, now we are seeing a new record.
A Twitter user under the pseudonym hodlonaut emphasizes that over the past two years, the hashrate of the BTC network has grown by more than 12 times and so far there are no signs of a slowdown.
Bitcoin hashrate has increased more than 12x in two years, and shows no signs of slowing down.
The incredible development in bitcoin fundamentals has not even begun to be priced in.
And then there's this thing called the halving getting closer every day …
? pic.twitter.com/s8B5m2p6gp
– hodlonaut?⚡? (@hodlonaut) September 4, 2019
According to TV presenter Max Kaiser, the activity of miners adds along with the course of bitcoin. This expert has repeatedly noted the growing hashrate of the BTC network, which, in his opinion, has a positive effect on the security of the blockchain.
Kaiser believes that the cost of bitcoin is growing amid British fears related to Brexit . The panic among citizens of the kingdom leads to an increase in investment in alternative assets, and, first of all, in bitcoin.
Last Monday, Blockstream startup spokesman Samson Moe emphasized that the hash rate will increase due to the fact that between the miners an aggressive battle begins for the remaining 3 million bitcoins.
#Bitcoin hashrate continues strong upturn. Price follows hash. Chaos as ?? melts down bringing in panic buying from Brits, reportedly.
– Max Keiser, tweet poet. (@maxkeiser) September 4, 2019
Publication date 09/05/2019
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