Kaspa ($KAS) reaches 1 EH/s in hashrate, marking a significant achievement in network security and joining the ranks of Bitcoin.
Author: Tanishq Bodh
Written On: Sat, 31 Aug 2024 22:00:42 GMT
Kaspa ($KAS) has just hit a monumental milestone, reaching 1 exahash per second (EH/s) in hashrate. This puts Kaspa in an elite group, with Bitcoin being the only other cryptocurrency to achieve such a feat.
Reaching 1 EH/s is more than just a number; it’s a powerful indicator of Kaspa’s growing network security. The higher the hashrate, the more secure the network becomes, as it reflects the immense computational power supporting Kaspa. This milestone is a clear sign of the network’s resilience and the dedication of its mining community.
Kaspa’s journey to 1 EH/s has been a steady climb, with its hashrate increasing consistently over time. This chart illustrates the remarkable growth in Kaspa’s computing power, demonstrating the network’s rapid evolution. As a proof-of-work (PoW) network, the hashrate is crucial, showcasing the expanding activity and commitment within Kaspa’s mining ecosystem.
In the world of cryptocurrency, hashrate is a key metric, especially for PoW networks like Kaspa. It measures the total computational power used to mine and process transactions, making it a direct reflection of network security. With Kaspa hitting 1 EH/s, it’s clear that the network is not only growing but becoming increasingly secure, setting the stage for further advancements.
Real voices. Real reactions.
Add your reaction to this story:
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
Elon Musk Launches “America Party” — Meme Coin $AP Spikes 300%, Then Crashes to Zero
Credefi Finance Enters US to Drive ‘Made in USA’ RWA Tokenization
Humanity Protocol Surges 403% After Turbulent Launch and Controversial Airdrop
Sweden Reportedly Orders Aggressive Seizure of Unexplained Crypto Assets
Elon Musk Launches “America Party” — Meme Coin $AP Spikes 300%, Then Crashes to Zero
Credefi Finance Enters US to Drive ‘Made in USA’ RWA Tokenization
Humanity Protocol Surges 403% After Turbulent Launch and Controversial Airdrop
Sweden Reportedly Orders Aggressive Seizure of Unexplained Crypto Assets