Why is the growth in Bitcoin’s hash rate a useful indicator of miner confidence and network strength?
¿Por qué es esta la respuesta correcta?
This is correct because the hash rate measures the total computational effort securing the Bitcoin network. When the hash rate increases, miners are dedicating more hardware power, reflecting their belief that future rewards will justify the operational costs. A higher hash rate also makes the network more resistant to attacks, which further boosts overall confidence in Bitcoin’s reliability. Beginners should view a growing hash rate as both a sign of miner optimism and network robustness.
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