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Bitcoin network hash rate explodes to new all time high

BabaYagaen_flag
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The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in just one day, further ensuring resilience against attacks on the Bitcoin network.⁠

The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing the decentralized ecosystem through a growing network of global BTC miners. ⁠

The hash rate correlates to the computing power required by a miner’s computer equipment to confirm a transaction. The recent spike in BTC’s network hash rate ensures further security against attacks by deterring bad actors from confirming fraudulent transactions.⁠

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Catto Bibi_profile-image
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The only reason I want BTC to rise up is because most cryptos also depend on it, haha.

CRYPTOnite_profile-image
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this will also mean higher energy consumption

Pando_profile-image
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okay that is huge

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ㄷㅃko_flag
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is it good news?

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