Bitcoin hash rate achieved a new all-time high (ATH) on Saturday, January 18. The startling jump moved the total hashes to 126 Eh/s. The growth in the Bitcoin network has been remarkable over the past two years. For perspective, the hash rate was just 13 Eh/s in December of 2017 when BTC reached its all-time high price. Morgan Creek Co-founder Anthony Pompliano pointed out, this amount of hashing horsepower makes Bitcoin the most powerful and secure computing network in the world.
Bitcoin is on trend on social media for it’s recent price fluctuations which will favor many and not favor many. It rose to 3.3 Million naira which is equivalent to 9,000 Dollars. The recent fluctuations in the price of bitcoin has made many Nigerians want to invest in Bitcoin as it continues increasing the popularity of the digital currency.