Bitcoin Network Achieves Milestone with 500 Exahashes per Second
The Bitcoin network reached a significant milestone on January 20, 2024, as its hash rate surpassed 500 exahashes per second. This achievement showcases the impressive engagement of miners and the extensive investment in mining hardware, leading to enhanced network security against potential attacks. The network’s dynamic difficulty adjustments ensure a consistent block discovery rate, maintaining stability despite the surge in computational power.
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