Hashrate up 56%

BTC continued its rebound and upward trend overnight, once again reaching the 30-day moving average of 98.3k.

In the past year, BTC has increased from 42.5k to 95.4k, an increase of 124.5%. Behind the doubling of the price, the computing power of the entire BTC network increased by 56%, from 512EHash/s to 800EHash/s.

800EHash/s means calculating 800,000,000,000,000,000,000 hash values ​​in one second. The strongest computing power built by mankind on our blue planet.

Now looking back at the "small hole" created by the so-called "519" collapse just 4 years ago in 2021, when the computing power was cut in half from 200E to 100E, do you understand more deeply the sentence "What can't kill me, will?" Make me stronger”?

The galloping horse fell to the ground. Some were wailing, some were ecstatic.

Foundry USA, a new American mining pool that once looked up to Chinese mining pools, has experienced tremendous changes and seized the historical opportunity. In just a few years, it has risen to the top of the world's largest mining pools.

The thousand-mile horse in the East is as fast as flying, which is beyond the reach of others.

Kill the king's horse, eat the horse meat, and bury the horse bones.

Westerners spend a lot of money to buy horse bones.

Learning from the east spreads to the west, the phoenix rises to nirvana, and Jesus is reincarnated.

In 2023, BlackRock will enter the market.

In early 2024, the US BTC ETF was approved for listing.

At the end of 2024, the concept of national strategic reserves was proposed.

Don’t listen to those who say “BTC is a financial weapon created by Americans”. Just four years ago, Peter Thiel, the godfather of Silicon Valley, was exactly saying that it was a financial weapon created by the Chinese.

Sometimes, it's really hard to tell the difference between truth and war.

It can only be said that objectively, Chollima's death truly brought Chollima to the world.

BTC mobilized the power of a powerful visible hand to help itself complete the feat of Nirvana and rebirth, carried out a vigorous decentralization, went to the world, and was accepted by the upper-level will of the world's most powerful country.

2024 is over. The computing power of the entire BTC network has reached the level of 800EHash/s. This number is four times the level of 200EHash/s before the “519” collapse in 2021.

Some people say that the value of BTC comes from consensus.

The power of decentralization is that consensus expands and value increases.

However, consensus is ultimately only a product of consciousness.

What ultimately determines consciousness is still matter.

Material power.

computing power.