The Bitcoin -Hashrate crossed an important milestone this week and hit 1 Zetahash per second. That is 1,000,000,000,000,000,000,000 hashes that are calculated every second. Simply put: Bitcoin is safer and more powerful than ever.
As a macro investor and old Bitcoin lawyer, Dan Tapiero undercommon:
“How do people still don’t get it?”
Bitcoin Hashrate at a record high
The Bitcoin-Hashrate is at a record high. A Zetahash is a trillion exahashes, or one sextillion hashes, and this figure represents the total computational muscle power that flows Bitcoin’s consensus system.
Miners implement specially built computers to compete for new blocks, where they quickly perform cryptographic “nonce” assessment until one solution fits.
Hashrate is the lifeline of Bitcoin Security, and this brute-force lottery Drives Network Trust: the higher the hashrate, the harder it is for every attacker to rewrite the Bitcoin ledger.
The recent branch above 1 zh/s means that miners perform more calculations than sand grains on earth, or more than the stars in our Milky Way; Astonishing proof of decentralized safety.
Miners compete to find a valid hash for the next block. Every hash is an attempt to meet the Network Network Difficulty and Success wins a Bitcoin remuneration.
With more than 1 zh/s, the difficulty increases together with the combination of increasingly greater efficiency and innovation in mine hardware.
A higher Bitcoin-Hashrate means stronger protection against double spending and 51% attacks, and as more energy and hardware protect the chain, Bitcoin becomes more and more cables and worldwide familiar.
Dan Tapiero: Macro Investor and Bitcoin Advocate
Dan Taptiero is the founder and CEO of 10T Holdings, an asset manager of several billions focused on digital assets and web3.
He is generally respected as a macro thinker, champion of gold and early Bitcoin adoptor, and he called the Zetahash Milestone one of the “top 10 historical developments of the past 50 years”, saying that the Bitcoin network was the “most safe network in the world”.
He’s not wrong. This new era is more than a technical performance; It is in -depth proof of institutional adoption, healthy money and the resilience of a decentralized network.
What is more, a growing hassle often precedes the most important price rallies such as miners, sovereigns and corporations invest billions in new infrastructure. An all-time High Bitcoin Hashraat, in combination with an almost certain rate reduction on the horizon, could create the perfect storm for BTC prize.
The ZetaHass level proves that the Bitcoin network is by far the most safe computer network ever built, so that every centralized alternative in unprocessed calculations and energy is devoted to the truth.
For everyone who still doubts Bitcoin’s endurance, the arrival of the “Zetahash era” is a wake-up call. The security, transparency and resistance of the network against censorship or manipulation are no less than historical.