💪Bitcoin hash rate reaches new all-time high
⛏️Increased computing power puts pressure on miners
💰Profitability of miners slumps despite high hash rate
💪Bitcoin hash rate reaches new all-time high
⛏️Increased computing power puts pressure on miners
💰Profitability of miners slumps despite high hash rate
What is the hash rate of the Bitcoin network on Christmas Day?
—The hash rate reached a new all-time high of 544 quintilian exahashes per second.
What impact does the increased hash rate have on miners?
—The increased computing power puts pressure on miners as profitability slumps.
What does the high hash rate indicate?
—A high hash rate indicates a strong and secure Bitcoin network.
Why is the profitability of miners slumping?
—The profitability of miners is slumping due to increased competition and mining difficulty, as well as the recent decline in Bitcoin price.
What is the significance of the hash rate reaching an all-time high on Christmas Day?
—The hash rate reaching an all-time high on Christmas Day shows the continuous growth and resilience of the Bitcoin network, even during the holiday season.
00:00The Bitcoin hash rate reached a new all-time high of 544 quintilian exahashes per second on Christmas Day.
00:25The increased computing power has put pressure on miners as profitability slumps.
01:10The high hash rate indicates a strong and secure Bitcoin network.
02:05The profitability of miners is slumping due to increased competition and mining difficulty, as well as the recent decline in Bitcoin price.
03:17The hash rate reaching an all-time high on Christmas Day shows the continuous growth and resilience of the Bitcoin network, even during the holiday season.
