- BITCOIN FORECAST
Mean Bitcoin Hash Rate remains at all-time highs despite historically high energy costs
What's new?
Mean Bitcoin Hash Rate remains at all-time highs despite historically high energy costs.
Why is this relevant?
The hash rate is the estimated average number of hashes per second produced by miners in the Bitcoin network. In simpler terms, the hash rate is a measure of the computational power of miners on the Bitcoin network. The higher the hash rate, the higher the theoretical computational power miners have. It is also considered to be a measure of the security of the Bitcoin network because if there are a large number of miners verifying transactions, it is less likely that an attack on the network will occur. As we can see from the chart above, the hash rate remains virtually unaffected by rising energy costs and market uncertainty.
What does the data tell us?
On-chain data shows that Bitcoin’s mean hash rate remains around all-time highs.
www.numbrs.com
When you keep Bitcoin at an exchange or bank, they own it. With a Numbrs Bitcoin Account you own it.
With the Numbrs Bitcoin Account, your Private Key and therefore your Bitcoins belong only to you and you alone.
A fully encrypted backup in Switzerland guarantees comprehensive protection and recovery of your Bitcoins.
Enjoy all features for free for 7 days with no commitment. After the trial period, the price is $125/quarter or $449/year.
Bitcoin is a disruptive force. We want to help you understand the consequences, so you can make smarter investment decisions.
With the Numbrs Bitcoin Account, you can send Bitcoin to any recipient in the world - quickly, free of charge, and with no limit.
Manage your Bitcoin Account anytime and anywhere with the app and web version and enjoy all features across all your devices.
Numbrs Bitcoin Account holders have access to an exclusive customer support at any time of the day.
Your Private Key is backed up fully encrypted in a bunker of a maximum security facility in the Swiss Alps.
As a Swiss company, we adhere to Swiss virtues of privacy, security, stability, and are controlled by Swiss shareholders.
The Bitcoin Account is certified by institutions and independent authorities for its quality and data security.
Nothing in this article constitutes professional and/or financial advice. The content is provided exclusively for informational and/or educational purposes. Nothing is to be construed as an offer or a recommendation to buy or sell any type of asset. Seek independent professional advice in regards to financial, tax, legal and other matters.
