BTC continued its rebound and upward trend overnight, once again reaching the 30-day moving average of 98.3k.
In the past year, BTC has increased from 42.5k to 95.4k, an increase of 124.5%. Behind the doubling of the price, the computing power of the entire BTC network increased by 56%, from 512EHash/s to 800EHash/s.
800EHash/s means calculating 800,000,000,000,000,000,000 hash values in one second. The strongest computing power built by mankind on our blue planet.
Looking back now at the "small pit" created by the so-called "519" collapse just 4 years ago in 2021, when the computing power was cut in half from 200E to 100E, Have you understood the phrase "what doesn't kill me, makes me stronger" more profoundly?
The galloping horse fell to the ground. Some were wailing, some were ecstatic.
Foundry USA, a new American mining pool that once looked up to Chinese mining pools, has experienced tremendous changes and seized the historical opportunity to become the world's largest mining pool in just a few years. top position.
Eastern A thousand-mile horse gallops like flying, which is beyond the reach of anyone.
Kill the king's horse, eat the horse meat, and bury the horse bones.
Western riches buy horse bones.
Learning from the east to the west spreads, the phoenix rises to nirvana, and Jesus is reincarnated.
In 2023, BlackRock will enter the market.
At the beginning of 2024, the US BTC ETF was approved for listing.
At the end of 2024, the strategic reserve concept was proposed.
Don't listen to those who say "BTC is a financial weapon created by Americans". Just four years ago, Peter Thiel, the godfather of Silicon Valley, was exactly saying that it was a financial weapon created by man.
Sometimes, it is really difficult to tell the difference between truth and ignorance.
It can only be said that objectively, the death of Chollima truly brought Chollima to the world.
BTC mobilized the power of a powerful visible hand to help itself complete the feat of Nirvana and rebirth, carried out a vigorous decentralization, went to the world, and was The upper-level will of the world’s most powerful country accepts it.
2024 is over. The computing power of the entire BTC network has reached the level of 800EHash/s. This number is four times the level of 200EHash/s before the “519” collapse in 2021.
Some people say that the value of BTC comes from consensus.
The power of decentralization is that consensus expands and value increases.
However, consensus is ultimately only a product of consciousness.
And what ultimately determines consciousness is still matter.
The power of matter.
Computing power.