Bitcoin network fundamentals appear more resilient than ever to attacks on miners‘ operations.
Bitcoin (BTC) set a new all-time high for hash rate last week, but opinions are divided as to whether the uptrend can continue.In a Twitter debate on March 21, Preston Pysh, host of The Investor‘s Podcast, eyed changing behavior in Bitcoin‘s hash ribbons metric for signs of a new hash rate “lull.”Questions over “lull” in hash rate after record highsBitcoin has overcome considerable odds over the past year to see the processing power dedicated to mining — hash rate — reach a giant 222 exahashes per second (EH/s) this month, according to estimates from monitoring resource MiningPoolStats.First China sparking a mass miner exodus, then this year‘s crackdown of mining hubs in Kazakhstan put the cat among the pigeons in terms of miner operation.Nonetheless, a full recovery ensued on both occasions, reinforcing the id
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