Top Hash Theory
Introduction. The crypto space has been referred to variously as an industry and a subculture, but now it has become something more. Using blockchain technology, we have been inadvertently building a universal data structure capable of authenticating any information known to humankind. Factom has now unlocked that potential, converting everything from health records to property titles into cryptographic form. Using the lense of blockchain topology, we can describe the nature and make-up of the crypto space in precise terms: it is a metric space made by connecting all the known blockchains....
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The senior commodity strategist is bullish on Bitcoin, revealing on Oct. 18 that its relative discount to hash rate has hit levels not seen since the first quarter of 2020. Bloomberg Intelligence senior commodity strategist Mike McGlone says Bitcoin's (BTC's) relative discount to its high hash rate in October — the largest since the first quarter of 2020 — could soon see Bitcoin return to "its propensity to outperform most assets."In an Oct. 19 Twitter post, the Bloomberg analyst suggested that Bitcoin's ever increasing hash rate — a measure of the processing power and security of a....
Hash ribbons tell investors to buy BTC again for the first time in five months as BTC price consolidates below $20,000. An “elegant” Bitcoin (BTC) metric that predicted its run to $12,000 in August has flashed bullish again for the first time since July.As noted by creator Charles Edwards on Dec. 3, the Hash Ribbons indicator is now signalling for buyers to enter the Bitcoin market.Hash ribbons post rare "blue dot"Uploading an annotated chart to social media, Edwards, who is also the founder of digital asset manager Capriole, noted similarities between Bitcoin now and before previous....
Drops in Bitcoin's hash rate coincided with some big BTC price corrections in the past. Hash rate refers to the overall computing power involved in validating transactions on the Bitcoin (BTC) blockchain. As reported by Cointelegraph, more power suggests greater network security and interest in the profitability potential of mining Bitcoin.Hash rate a function of Bitcoin's valueA hash rate increase is often associated with the expectation of BTC price appreciation. Analysts found evidence that both the 2013 and 2016 bull cycles were marked by a rise in mining difficulty following the hash....
Bitcoin Mining hash rates are important security metrics as they signify the network’s overall resistance to malicious attacks. Hash rates also measure a blockchain network’s ability to process transactions. Calculations of hash rates may enable miners to forecast their profitability. Changes in hash rates impact the mining flexibility, profitability, and the number of miners in […]
Hash functions are a one-way mathematical problem. If a person has the resulting hash, it is impossible to convert it back to the original data.