This week, the hash rate of the Bitcoin network has reached a new record level. Blockchain data (previously Blockchain.info) confirm that the current Hasrat reached 52 quintillion hashes per second. Such indicators Bitcoin reached for the first time in its history.
52 trillion (52 000 000 000 000 000 000 000) — the number is so huge that it is difficult even to understand. For comparison, the number of grains of sand on Earth is about 7 quintillion, and our planet consists of about 326 quintillion gallons of water.
The achievement of Bitcoin talks about the ongoing exponential growth of the network.
The Blockchain data is confirmed by 60 percent increase in just the last three months; bitchinest last reported maximums can see in the middle of June, when the rate reached 43 quintillion.
At the time, a cryptanalyst and presenter of Russia Today, Max Keiser, he predicted an inevitable increase in the price of Bitcoin on the background of the technical indicators, arguing that “price follows hasraton”. In a few days BTC/USD actually rose by 15 percent.
“Even with 10 percent growth, I’m interested in the question what motivates those who sell” tweeted Philip Heilberg.
Despite the correction last week, faith in a short term spike of Bitcoin remains strong. The announcement from the owner of the ICE, the new York stock exchange, on the regulated launch digital platform assets in November, reinforcing the belief that Bitcoin has already passed the period of its bottom.