The Bitcoin hash rate set a new all-time high over the weekend. And what’s good for the hash rate is great for overall network security. A hash is a guess at a cryptographic string that allows a Bitcoin miner to verify a block of transactions. So when the hash rate is high, that means there’s lots of competition for miners. One reason for the surge: Texas miners are back in full swing.
Head to pro.kraken.com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.
