Bitcoin metrics to the moon: ATH for hash rate, daily transactions and Ordinals
While the Bitcoin hash rate briefly touches new highs, Bitcoin Ordinals are a contributing factor to daily transactions exceeding 500,000. A lot of Bitcoin (BTC) miners just came online. The Bitcoin hash rate, or the total computing power of the Bitcoin blockchain, just soared to 439 exahash per second (EH/s). Moreover, the number of transactions the Bitcoin blockchain processed in one day exceeded 682,000, as over 300,000 Ordinals were inscribed on the Bitcoin blockchain. The hashrate, in orange, soars to 439 EH/s. Source: timechainstats. These milestones demonstrate the network's strength and stability, as well as the increasing adoption of Bitcoin for various use cases, all while the banking sector in the United States fractures. The Bitcoin hash rate, a measure of the computational power dedicated to securing the blockchain, has reached an all-time high, signifying increased confidence in the network's security. The hash rate is a crucial indicator of the network's he...