Breaking

Bitcoin Hash Rate Hits 80 Quintillion for the First Time

Blockchain / Cryptocurrency / Finance / August 9, 2019

Bitcoin

Bitcoin (BTC) surpassed another milestone on Thursday, August 8, as the world’s leading cryptocurrency’s hash rate hit 80 quintillion for the first time.

This news comes during a good week for BTC, which saw the coin’s value top $12,000 USD twice in three days amid fears that a global recession is on the horizon.

What is Hash Rate?

In its simplest terms, hash rate is a measure of the processing power of the Bitcoin network. When Bitcoins are mined, a difficult mathematical puzzle must be solved before mined coins can be added to the …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Comments


Tags: , , , , , , , , , , , , , , , , , ,



ICOStream Team




Previous Post

Bitcoin History Part 14: The 1,000 BTC Poker Game

Next Post

Can the Fed Kill Bitcoin? Navigating the Chokepoints of Tax Law and KYC





You might also like



0 Comment


Leave a Reply

Your email address will not be published.


More Story

Bitcoin History Part 14: The 1,000 BTC Poker Game

Bitcoin and poker have a history that stretches back to the very start. Perhaps, even, to before the start of Bitcoin as we know...

August 9, 2019