2019-6-20 17:15 |
Bitcoin‘s hash rate is skyrocketing, setting a new all-time-high and flying in the face of Facebook’s ambitious Libra cryptocurrency — a remarkably healthy sign for the world’s most popular blockchain.
Bitcoin‘s “hash rate” measures the total processing power of the network at any one time. As more miners join the network, the hash rate increases. A strong hash rate is indicative of a secure blockchain, as hypothetical bad actors would need to acquire more resources to pull of a “51-percent attack. ” When hackers stole $40 million worth of cryptocurrency from major exchange Binance earlier this year, many speculated they took Bitcoin specifically to avoid…
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