📈 The overall security of the Bitcoin protocol, or hash rate, surged to all-time high.
The Bitcoin mining hash rate peaked at 258 exahashes per second (EH/s) on Oct. 4, according to Braiins Insights, a mining data tools and metrics company.
Thus, despite the price being down over 50% year to date, the mining hash rate is up 43% ✔️
#blockchain #blackfort #crypto #cryptowallet #bitcoin #btc #hashrate #news #cryptonews
The Bitcoin mining hash rate peaked at 258 exahashes per second (EH/s) on Oct. 4, according to Braiins Insights, a mining data tools and metrics company.
Thus, despite the price being down over 50% year to date, the mining hash rate is up 43% ✔️
#blockchain #blackfort #crypto #cryptowallet #bitcoin #btc #hashrate #news #cryptonews
With many cryptocurrencies, “miners” can attempt to add blocks to the chain by solving mathematical problems using mining machines — a process known as Proof of Work 🌐
The speed at which all the mining machines within the network operate is the hashrate.
🔍 A 51% attack occurs when a group of miners controls more than 50% of the network's mining hash rate. This could mean that the attackers could double-spend coins or manipulate transactions.
#blockchain #crypto #cryptocurrency #blackfort #cryptowallet #hashrate #PoW #mining #miners
The speed at which all the mining machines within the network operate is the hashrate.
🔍 A 51% attack occurs when a group of miners controls more than 50% of the network's mining hash rate. This could mean that the attackers could double-spend coins or manipulate transactions.
#blockchain #crypto #cryptocurrency #blackfort #cryptowallet #hashrate #PoW #mining #miners