The Hash Rate of the Bitcoin Blockchain Hits All-Time Highs, Will This Currency See a Rise ๐๐
Cryptonews - The Bitcoin (BTC) blockchain has achieved a new milestone with its hash rate reaching an unprecedented level of 1.046 zettahashes per second, representing the strongest security level in the 16-year history of the digital currency.
This achievement comes at a time when approximately 93.3% of the total Bitcoin supply of 21 million BTC has been mined, with only 1.4 million BTC remaining to be mined over the next century considering the halving mechanism that reduces mining rewards every four years. The timing is significant as currently 126 public companies hold Bitcoin in their financial reserves, collectively holding 819,857 BTC, or 3.9% of the total supply.
This achievement comes at a time when approximately 93.3% of the total Bitcoin supply of 21 million BTC has been mined, with only 1.4 million BTC remaining to be mined over the next century considering the halving mechanism that reduces mining rewards every four years. The timing is significant as currently 126 public companies hold Bitcoin in their financial reserves, collectively holding 819,857 BTC, or 3.9% of the total supply.
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BTC
104,841.29
-0.55%