titled “Crypto will be fine,” former CoinDesker Brady Dale noted that even though crypto took a beating throughout 2022, some indicators remained bullish. Notably, Bitcoin’s hashrate, which is how much computational power is directed toward securing the network, held steadfast.
“If the industry were dying, these miners should be winding down. They aren't,” Dale wrote. Indeed, according toThis article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullBitcoin’s hashrate rose steadily over the past 12 months even as the network’s token, bitcoin , lost over two-thirds of its value. For many, that is a sign of faith in the long-term success of the network.
DanielGKuhn That's why we chose BitcoinXDC. Mining is obsolete, and gate kept with Gen1 model. We took care of that with BTCx. 2,000 TPS, 0.0000001 gas fee, virtually non existant carbon footprint. 🤝
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