Bitcoin network surpasses 500 exahash rate milestone By Investing.com
From Investing.com:
The Bitcoin network reached a new milestone on January 20, 2024, with a hash rate exceeding 500 exahashes per second. This demonstrates robust miner engagement and significant investment in mining hardware, bolstering the network’s security.
The network’s dynamic difficulty adjustments ensure a consistent block discovery rate despite the surge in hash rate, stabilizing transaction processing.
Bitcoin’s computational prowess now exceeds that of some supercomputers, reflecting investor confidence in the network’s resilience.
CREDIT: Reuters.
Read more: Bitcoin network surpasses 500 exahash rate milestone By Investing.com