Bitcoin’s hash rate has been on a tear, with a staggering 600% increase in just two years. 😲
The hash rate, which measures the processing power of $BTC‘s network, has been on a steady upward trajectory, indicating a robust and healthy network. This increase is a testament to the growing number of miners joining the network, despite the market’s volatility.
The rise in the hash rate is a bullish sign for Bitcoin, as it signals increased network security and miner confidence. It’s a clear indication that despite the market’s ups and downs, the fundamentals of Bitcoin remain strong. 🏋️♂️