Bitcoin hashrate is at the all-time high, so what?

In crypto communities, we often come across arguments why the Proof of Work algorithm is still the most reliable way to arrive at a consensus. The reasons almost always start with: “But the Bitcoin hashrate is at the all-time high!” So what?

In this video, our developer Heriyono Sim explains why it doesn’t really matter and what it really means if the hashrate is ATH. 

https://youtu.be/jX9V8i6Ll_c

In crypto communities, we often come across arguments why the Proof of Work algorithm is still the most reliable way to arrive at a consensus. The reasons almost always start with: “But the Bitcoin hashrate is at the all-time high!” So what?

In this video, our developer Heriyono Sim explains why it doesn’t really matter and what it really means if the hashrate is ATH.