Cryptocurrency | Bitcoin hash has increased, has Bitcoin gone up?


According to data from blockchain.com on August 25, the latest hash rate of coins reached 80 TH / s. In a tweet posted by the Max Keizer account, it said: "Prices follow the hash rate and the hash rate chart continues the 9-year bullish market."

The conclusion is that the higher the Bitcoin hash level, the safer the network, and the higher the investor's confidence. Keizer makes this argument when prices are pursuing network fundamentals.


"The hash level of cryptocurrency - sometimes referred to as hashing or computing power - is a parameter that gives a measure of the number of calculations that can be performed by a given network every second. A higher hash level means greater competition among miners to validate the new block; it also increases the number of resources needed to carry out attacks 51%, making the network safer. "

However, new notes posted throughout the summer are a sign of an increase. With analysis from various sources connected with signs of network strength.

Halving Bitcoin will occur in the middle of next year, this event will affect the rise in the price of Bitcoin but also will affect the miners.

Don't have Bitcoin? Buy it now at Coinbase, or get 14 USD for free here and buy a trusted hardware wallet HERE, or Get Barve
Cryptocurrency | Bitcoin hash has increased, has Bitcoin gone up? Cryptocurrency | Bitcoin hash has increased, has Bitcoin gone up? Reviewed by sheffter on August 27, 2019 Rating: 5

No comments:

loading...
Powered by Blogger.