Bitcoin’s hashrate crossed an important milestone this week, hitting 1 Zetahash per second. That is 1,000,000,000,000,000 of hashs calculated every second. In a nutshell: Bitcoin is safer and more powerful than ever.
As Bitcoin’s macro and defender investor for a long time, Dan Tapiero questioned:
“How do people not understand?”
Bitcoin hashrat at its maximum
Bitcoin hashrate is at its highest point. A Zetahash is a billion exahashes, or a Sextillion Hashes, and this figure represents the Total Bitcoin Test Test Testing System of the Computer Computer.
Miners implement computers specially designed to compete for new blocks, quickly running the cryptographic conjectures of “Nance” until a solution is adjusted.
Hashrate is Bitcoin’s safety soul, and this lottery lottery lottery drives the confidence of the network: the higher the hashrate, the more difficult it will be for any attacker to rewrite Bitcoin’s main book.
The recent settlement above 1 zh/s means that every second, the miners perform more calculations than grains of sand on the earth, or more than the stars in our galaxy; An amazing testimony of decentralized security.
Miners compete to find a valid hash for the next block. Each hash is an attempt to meet the difficulty’s difficulty requirements, and success gains a Bitcoin reward.
With more than 1 zh/s, the difficulty increases together, demanding increasing efficiency and innovation in mining hardware.
A higher Bitcoin hashrate means stronger protection against double expense attacks and 51%, already a measure that more energy and hardware ensures the chain, Bitcoin becomes increasingly manipulation proof and with global confidence.
Dan Tapiero: Macro Investor and Bitcoin Advocate
Dan Tapiero is the founder and CEO of 10t Holdings, a multimillion -centered asset administrator focused on digital assets and web3.
He is widely respected as a macro thinker, gold champion and early adopter of Bitcoin, and called the Zetahash Milestone one of the “10 main historical developments of the last 50 years”, saying that the Bitcoin network was the “safer network in the world.”
It is not wrong. This new era is more than a technical feat; It is a deep testimony of institutional adoption, solid money and resistance of a decentralized network.
In addition, a growing hashrate often precedes large prices manifestations such as miners, sovereigns and corporations invest billions in a new infrastructure. A high bitcoin hashrate of all time, along with an almost certain rate cut on the horizon, could create the perfect storm for the price of BTC.
The level of Zetahash demonstrates that the Bitcoin network is, with much, the safer computer network ever built, exceeding any centralized alternative in calculations and raw energy dedicated to the truth.
For anyone who still doubts the power of permanence of Bitcoin, the arrival of the “era of Zetahash” is a attention call. The security, transparency and resistance of the network to censorship or manipulation are no less than historical.