Can’t stop, won’t stop. The Bitcoin hash rate continues to surge to new all-time highs, despite a heavy price drawdown. (Reporting via JoeNakamoto)
that the surging hash rate could be as a result of “XPs coming online.” The S19 XP Antminer is the latest model from Bitmain, one of the world’s most popular Bitcoin mining hardware suppliers.
The number of hashes produced in a second is commonly referred to as the hash rate. In Bitcoin speak, hash rate is a critical security metric as well as one that manyIn simple terms, the more hashing — or computing power — that the network churns out, the greater the overall security of Bitcoin.
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