BankSith on Nostr: Bitcoin's hashrate refers to the total computational power being used to mine and ...
Bitcoin's hashrate refers to the total computational power being used to mine and process transactions on the Bitcoin network. It represents the number of calculations being performed by the network per second, which is a key measure of the network's security and health. A higher hashrate indicates more miners are contributing processing power to maintain the Bitcoin timechain, making it more resistant to attacks. 🧡
Study #bitcoin
Published at
2024-09-16 18:48:09Event JSON
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"content": "Bitcoin's hashrate refers to the total computational power being used to mine and process transactions on the Bitcoin network. It represents the number of calculations being performed by the network per second, which is a key measure of the network's security and health. A higher hashrate indicates more miners are contributing processing power to maintain the Bitcoin timechain, making it more resistant to attacks. 🧡\n\nStudy #bitcoin https://image.nostr.build/194e611171fcb22edaae0bed139719f6b0fa97555b20ff59eb1faea1f2ab5c07.jpg ",
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