
Overnight, BTC continued to rebound upward trend and once again stood above the 30-day moving average of 98.3k.
In the past year, BTC has risen from 42.5k to 95.4k, an increase of 124.5%.Behind the double price, the entire network computing power of BTC network has increased by 56%, from 512EHash/s to 800EHash/s.
800EHash/s is to calculate 800,000,000,000,000,000,000,000,000,000,000 hash values in one second.The strongest computing power built by humans on our blue planet.
Looking back at the so-called “519” collapse in 2021 just 4 years ago, the “small pit” smashed when the computing power was cut from 200E to 100E, do you understand more deeply the sentence “That one that can’t kill me, will it be better to understand the sentence “Make me stronger”?
The galloping horse fell to the ground.Some people wail and some people ecstatic.
Foundry USA, a new American mining pool that once looked up to Chinese mining pools, has seized the historical opportunity after this drastic change and has become the top position in the world’s largest mining pool in just a few years.
Horses in the east are galloping like flying, beyond reach.
Kill the king’s horse, eat horse meat, and bury horse bones.
Westerners buy horse bones.
Learning from the east and the west gradually leads to the reincarnation of the phoenix, and Jesus is reincarnated.
In 2023, BlackRock entered the field.
In early 2024, the US BTC ETF was approved for listing.
At the end of 2024, the national strategic reserve concept was proposed.
Stop believing in the tone of “BTC is a financial weapon made by Americans.”Just four years ago, Silicon Valley godfather Peter Thiel was saying that it was a financial weapon made by the Chinese.
Sometimes, it is really difficult to tell the truth and fight.
It can only be said that objectively, the death of a thousand-mile horse truly allowed a thousand-mile horse to enter the world.
BTC mobilized the power of a powerful tangible 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 will of the world’s largest power.
2024 is over.The computing power of BTC network has reached 800EHash/s.This number is 4 times the level of EHash/s before the 200 “519” crash in 2021.
Some people say that the value of BTC comes from consensus.
The power of decentralization lies in the expansion of consensus and the increase of value.
However, consensus is only a product of the consciousness level after all.
And what ultimately determines consciousness is still matter.
The power of matter.
Computing power.