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BITCOIN IS UNSTOPPABLE - BTC HASHRATE ON THE WAY TO NEW ALL-TIME HIGH!



Bitcoin unimpressed - recovery of BTC hashrate at ATH level

On October 2nd, the Bitcoin hashrate was 177,543 EH / s according to blockchain.com, and the trend is rising. So it is only a matter of time when the current ATH from April 15th (198.514 EH / s) will be cracked. Likewise, the "Network Difficulty", which determines the degree of difficulty and the time required to determine the correct "hash" for the respective block, has only known one direction since July.

What consequences do drops in the BTC hashrate have for the network?

As the BTC hashrate falls, the security of the entire network also falls, because the miners secure the network with their work. If the share of those involved in the network drops massively, it is easier for individual instances to carry out a "51% attack" on the network.

This would mean that, for example, money can be spent multiple times by the same person or transactions can be reversed. However, this is a “worst-case scenario”, for which the hashrate would have to drop significantly more than in the past few months.

"Bitcoin Mining Exodus" - Future Decentralized and "Greener"

In any case, China's regulation against crypto mining left Bitcoin unimpressed and even improved its decentralized vein and its ecological fingerprint. After the miners left the Far East, the BTC Hashrate Power is spreading more and more widely around the globe. In addition, the growing protest against "dirty" mining means that renewable and sustainable sources of energy for mining are increasingly sought after. What lesson do we learn from this? Bitcoin is and will remain unstoppable.

As the first country ever, Bitcoin was introduced as legal tender in El Salvador. State Bitcoin mining has been made possible there for a few days using the energy of a volcano. A revolutionary application of Bitcoin mining under an environmentally friendly influence.

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