Odaily Planet Daily reported that Matrixport released a chart today stating that the security of the Bitcoin mining network is increasingly strengthening. As computing power continues to rise, competition among miners is becoming more intense, and it is expected to drive capital expenditures (CapEx) of $10 to $12 billion annually. This fierce competitive landscape not only enhances the security of the network but also further promotes the development of decentralization. Historically, increases in mining capital expenditures have often been closely related to rises in Bitcoin prices. Companies like MicroStrategy continue to buy and hold Bitcoin for the long term, further reducing the circulating supply in the market. The current structure indicates that before computing power peaks, Bitcoin prices may still have upward potential—though this turning point has not yet arrived. Overall, the Bitcoin network continues to expand, and market demand is growing in tandem, collectively providing strong support for Bitcoin prices.

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