The Bitcoin Network has never been more secure

in bitcoin •  2 months ago  (edited)

The Bitcoin Hash Rate continues to make new all time highs

The bitcoin network has never been more secure than it is right now...

Meaning, there has never been more computational power put into verifying, securing, and processing transactions than there is right now.

Check it out:

image.png

(source: https://twitter.com/DocumentingBTC/status/1576954854618333186/photo/1)

As the hash rate goes up, the odds of bitcoin ever being hacked go lower and lower and lower.

Bitcoin hasn't been hacked since it was created and isn't likely to ever be hacked at this rate.

The amount of resources need to hack the network is almost unfathomable at this point...

So, sure the price has gone down a lot, but the network has never been stronger and more secure.

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