The year has only just begun, and bitcoin already has a record in reach. On January 1, reached out to all the bitcoin miners have a combined processing power of 119 trillion hashes per second. That’s according to figures from the Blockchain.com. All the way written out, all miners are now 119.000.000.000.000.000.000 hashes (calculations) per second. That make the bitcoin network more secure now than ever before.
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Different sources have different numbers
On other web sites, we get the other numbers against. According to Coin ” the Dance is in the record, a total of 143 trillion hashes) per second is:
The figures are so diverse is because the hash rate is an estimate of. That puts Christopher Bendiksen on Twitter:
“As the bitcoin hash rate is not constant. This figure is estimated on the basis of the time interval between the transactieblokken. These times are based on a Poissonverdeling (like a probability). When the blocks are slow to be detected is an estimate of the hash rate is significantly down.”
Each and every bitcoin node to have different numbers. Therefore, it is not clear who is right, but it’s probably the truth lies somewhere in the middle of it.
What does this make any sense?
That is, the bitcoin network is more secure. Some of them are more miners on the bitcoin network. It is also possible that the equipment is to be replaced by a faster, more efficient ASIC chips, and so on. Well, whatever it is, it has a higher hash rate to make it much more difficult to find in the blockchain, so be prepared.
If you want fraud on the blockchain, then you need to have more than one-half of the computing power in the hands. It is now virtually impossible.
It leads to a higher hash rate, at a higher price.
The hash-rate increases, however, the bitcoin price has been in the last few days, remarkably stable. In the early part of 2020 and the average value of a single bitcoin between 6.315, and 6.470 eur. However, there are experts who believe that the increase in hash-rate (in the end) also have something to do with the price. If tweette bitcoin investor Max Keiser earlier: “The award which follows the hash-rate, and in accordance with the hash rate, we are still in a bull market.”
If that is so, it is yet to be discovered. We have to keep at least an eye out for you!