4 ms·
Bitcoin network reaches 1 Exahash/s
1 Exa = 1x10^18
Screenshot: https://i.imgur.com/FVrnXJW.jpg
Source: https://blockchain.info/charts/hash-rate?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
- logn 11y agoAnd still just ~5 transactions per second.
- imrehg 11y agoSince the two things are not really connected (as far as I understand)...
- Avalaxy 11y agoCorrect. The amount of hashing power is correlated with how difficult it is to manipulate the network, but not with the rate at which coins are mined or transactions are processed. I expect this to drop off after the reward halving. It's a constant zero sum game, but I don't expect the halving to propel the price so much that the hashing power is maintainable.
- KhalPanda 11y agoThat's a lot of power consumption.
- kleer001 11y agoCompared to what?