Elon Musk Surprisingly Reacts to Bitcoin’s Epic Surge

7 views 2:28 pm 0 Comments January 21, 2024

Elmandjra illustrated the magnitude of this achievement by drawing attention to several notable comparisons. Notably, the Bitcoin network is currently processing five billion computations per second for each star in our galaxy. To match the hash rate of the BTC network, the entire global population, with each individual contributing one hash per second, would require approximately 2,000 years. Regarding raw operations per second, Bitcoin surpasses the world’s most powerful supercomputer by a factor of 500.

Reacting to this news, Elon Musk, a prominent cryptocurrency advocate, responded with a brief yet powerful message.

Notably, at a recent conference, Musk entertained the idea of using BTC on Mars, asserting its feasibility despite the logistical challenges posed by the planet’s distance from the sun.

As Bitcoin achieves new heights, Musk’s reaction underscores the growing significance of digital assets in mainstream finance.