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Tag: Financialized

Explore the Future: The Rise of Financialized Hashrate Trading on Coin24h

Explore the Future: The Rise of Financialized Hashrate Trading on Coin24h

In the ever-evolving realm of cryptocurrency, the bitcoin hashrate, representative of the computational power that safeguards the bitcoin network, stands out as an increasingly appealing commodity for investors Sadiq Jaffer, a Senior Manager at KPMG UK, along with Kunal Bhasin, a partner at KPMG Canada's Digital Assets Center of Excellence, have recently shed light on the potential financialization of hashrate markets This notion suggests a significant shift in how computational power is valued and traded, promising an intriguing avenue for future investments The Significance of bitcoin Hashrate The bitcoin hashrate is a vital metric that measures the overall computational power used to mine and process transactions on the bitcoin blockchain This computational prowess not only secures the network against attacks but also plays a crucial role in the generation of new bitcoin...

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