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@ Jake Woodhouse
2025-06-03 12:49:13
Bitcoin’s network just hit a new all-time high in hashrate, meaning it’s performing 920 quintillion cryptographic calculations per second. This number measures how much computing power is being used to secure the Bitcoin network.
- Bitcoin mining is powered by people running specialized computers (ASICs).
- These computers solve a cryptographic puzzle by guessing numbers, each guess is called a hash.
- The hashrate is the total number of these guesses per second across the entire global network.
- A hashrate of 920 EH/s (exahashes per second) means the network is doing 920 quintillion guesses every second.
- A higher hashrate makes Bitcoin more secure and harder to attack, because it increases the cost of trying to rewrite or manipulate the blockchain.
TLDR: Bitcoin’s security is at an all-time high: more miners, more power, more security.
https://i.nostr.build/t8BWM6tvTLPfMiUn.png