Hash rate sky rocketing, what else is new?
#bitcoin #winning 
Discussion
I don’t understand why people keeping putting more hash power into the network? At what point will it stop being feasible?
The Bitcoin network incentivizes miners to compete for block reward, the more hash relative to others, the better chance you have of finding a block. So people are always going to look to add more hash to better their chances of finding a block.This requires energy and hardware resources which is the main bottleneck in this equation. But there’s never “too much” hash, it just improves bitcoins over all security making it harder for nation states to attack it or shut it off as the network grows larger in hash.
I get that. But there must be a point where adding more hash, might increase your chances but still not cost effective at a certain price.
I’m surprised we are still going up.
Fire SALE on ASICs hardware in many places since paste 6months to catch 6.25 BTC reward - stampede for that now - once halving is over we will see
hashing RACE till HALVING is ON every turned them ON
#btc #mining #net hasrate ASIC S19XP
