🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
With the halving getting closer by the day, Bitcoin miners continue to increase the network's processing power and, with it, its security. For a couple of days now, the average total hashrate has been above 500 EH/s, a record for Bitcoin mining.
In the last week, more precisely on November 16 and 18, there were two major increases in hashrate that pushed the average above 500 EH/s on Sunday the 19th. The next day, real-time (not average) measurement by Braiins indicated a hashrate of 515 EH/s.
The hashrate is directly linked to Bitcoin's security because, the greater the number of mining nodes, the more resilient and difficult to control the network becomes.
The record increase in miners' hashrate has also led to the difficulty of mining increasing to unprecedented levels. Since November 12, when the last automatic adjustment was given, the difficulty is 64.68 trillion (trillions or T). The difficulty indicates how complex it is to find the hash of each block being mined, and it is periodically adjusted to maintain the estimated time of 10 minutes for the creation of new Bitcoin blocks.