Growing at enormous speed ...
As #Bitcoin recedes, mining operations continue to grow at full speed ...
This year, following the rapid growth of Bitcoin in 2017, it is moving quite quietly for now and the bitcoin value has also gone down to around $ 6,500. Nevertheless, however, the rate of hash - essentially the amount of mining - has increased 155% since the beginning of this year. In short, it can be said that the confidence in BitCoin continues.
According to #Cryptoslate, the soaring hash speed is that the 12.5 bitcoin award for each block is worth about 78,000 dollars and #miners want to make use of this system as much as possible. But this will keep your great #prize very constantly. On May 25, 2020, the #block #rewards at the next "half-time" will be around 6.25 bitcoin or about $ 39000 with the current price. That's why there's a race to do as much bitcoin mining as possible.
There are also a lot of people who are still optimistic about the Bitcoin despite the calm surrounding it. For example, #technology investor Tim Draper, who made early investments in #Tesla, #Skype and #Hotmail, said in a statement he made in April that bitcoin would reach $ 250,000 by 2022. Luckily he is protecting his position as owner of 30,000 btc to benefit from this situation.
#Square and #Twitter leader Jack Dorsey also said BitCoin would be the only global currency in the next 10 years.