Max Keiser: All-Time High Bitcoin Network Hash Rate Suggests Price Increase

in #blockchain5 years ago

According to Blockchain.com, Bitcoin hash rate has reached another all-time high on August 19 hitting 82.5 TH/s. Generally, as the Bitcoin hash rate increase, the network becomes more secure, increasing the investor’s confidence, thus driving up the demand. Following this rule of thumb, it looks as if bitcoin is preparing for a massive bull run.

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