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    Home » Bitcoin blockchain security is growing – the hashrate of the BTC network has reached a new high

    Bitcoin blockchain security is growing – the hashrate of the BTC network has reached a new high

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    By BlockchainJournal on August 9, 2019 News
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    This week, the bitcoin hash has skyrocketed to a new high, exceeding 80 quintillion SHA256 hashes per second. This data is provided by the Bitinfocharts resource .

    The amount of computing power used to extract cryptocurrency has been growing over the past few months. Each time, the BTC network becomes more and more secure, since the higher the hashrate , the more expensive for attackers is a 51% attack on the blockchain.

    Holy crap look at that Hashrate ??

    Bitcoin 80.2E
    Bcash 2.0e
    BcashSV 1.1E

    I literally had to made @rogerkver and Craig bigger in the info-meme to even make them visible. Like no kidding in this chart below all 3 hashrates are shown #Bitcoin # 80E #BTC pic.twitter.com/7p8OGYCuAt

    – Crypto Meme Central ? (@Crypto scrapHub) August 8, 2019

    Social network users are already massively reacting to a new hashrate spurt. One of them, under the nickname Crypto Meme Centra, noted that the Bitcoin SV and Bitcoin Cash networks are “resting” in comparison with the activity of bitcoin miners . The hash of BCH and BSV does not exceed 2 and 1.1 quintillion hashes per second, this user of Twitter emphasizes.

    According to experts, an increase in the amount of computing power helps to strengthen confidence in the Bitcoin network. Now the hashrate is even higher than the level that was recorded in December 2017, when the largest digital currency reached $ 20,000.

    Some observers agree that Bitcoin will show us a new maximum as we approach the date for the reduction of the award for miners in May 2020.

    #Bitcoin hashrate all-time high after all-time high. $ btc ??? pic.twitter.com/fdNl6su501

    – Danny Knowles (@DannyKProd) August 8, 2019

    Publication date 08/08/2019
    Share this material on social networks and leave your opinion in the comments below.


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