This chart shows Bitcoin’s true power
A lesson in antifragility
Dec 10, 2021
The image above shows Bitcoin’s hash rate over the last two years. The higher it is, the harder it becomes to attack the network. It’s the backbone of the entire system.
In May this year, China banned Bitcoin mining. As a result, Bitcoin’s hash rate dropped by almost 50% within a few weeks. The event made the network vulnerable…
