What is Bitcoin hash rate and why is it important?

Cryptocurrencies have attracted the interest of several investors in recent years and many new investors are now exploring opportunities in the sector. According to CoinMarketCap, there were over 21,000 cryptos in existence at the time of writing and more than 520 crypto exchanges.

However, crypto and blockchain technology, both became popular with the introduction of Bitcoin (BTC) in 2009, and the rest is history. Bitcoin (BTC) which is also the biggest crypto by market cap has gained…


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