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A look under the hood: Bitcoin fundamentals point to the North

the Under the hood Bitcoin bullish tones sounds. In spite of the cancer decline, the fundamental point values, such as Hash Rate, trade volume, and scaling to

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A look under the hood: Bitcoin fundamentals point to the North
the Under the hood Bitcoin bullish tones sounds. In spite of the cancer decline, the fundamental point values, such as Hash Rate, trade volume, and scaling to the North.

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22. March 2019BTC$3.997,53 -0.41%part Facebook Twitter LinkedIn xing mail

Bottom bitcoin Foundation data or not, a unique language. As it is the location of the crypto-currency, no. 1, illustrated on the basis of various key figures, obviously. We have taken three of them closer under the magnifying glass: we are talking about Hash Rate, trade volume, and scaling potential, respectively, to Lightning-proliferation.

Hash Rate

The Bitcoin Hash Rate is on a four-month high. To fraud the editorial deadline of the accumulated processing power in the Bitcoin network and 48.5 million TH/s. So that it is as high as the last time in mid-November 2018. Looking at the shape of the curve, a reversal of the declining Trends already at the beginning of January this year.

To see the development of the Bitcoin Hash Rate since the end of March 2018. Data and Chart of blockchain.com.

The increasing Hash Rate implies in particular that the Miner at current price values on a profitable basis, economies. Because why the farms should hang more devices to the network? This fact invalidated the Death-Spiral Narrative in a sustainable way.

by the Way: The current BTC total computing power exceeds that during all-time highs by the end of 2017 four-fold, as @bitcoinister correct way out: