Bitcoin’s Hashrate Goes Brrr! 🚀 929 EH/s and Counting!

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Well, butter my blockchain, folks! Bitcoin’s hashrate has decided to throw a party and invite all the exahashes it could find. According to Maartunn, the wizard of CryptoQuant, Bitcoin’s true hashrate has hit a whopping 929 exahashes per second (EH/s). That’s right, 929! Or, as I like to call it, “a lot of zeros followed by a lot of computing power.” 🧙‍♂️✨

For those of you who think “hashrate” sounds like something you’d order at a dodgy diner, let me explain: it’s the amount of processing power thrown at the Bitcoin network through mining. Think of it as the collective brainpower of a million gnomes hammering away at their computers. And why does it matter? Well, it’s like the moat around Bitcoin’s castle-the bigger the hashrate, the harder it is for the dragons of insecurity to get in. 🐉⚔️

👷 Hashrate goes brrr…

True Hashrate just hit 929 EH/s – a new all-time high!

– Maartunn (@JA_Maartun) August 29, 2025

Meanwhile, over at CoinMarketCap, the numbers are looking spicier than a Discworld curry. 19,913,231 BTC have been mined, leaving just 1,086,769 BTC still hiding in the digital mines. That’s right, Satoshi Nakamoto-Bitcoin’s mysterious overlord-capped the supply at 21 million coins. At this rate, miners are going to need a bigger shovel. ⛏️💰

Bitcoin Price: A Rollercoaster with No Seatbelts

At the time of writing, BTC was wobbling around $110,000, down 2.13% in the last 24 hours. The crypto market, ever the drama queen, was dressed in red as investors waited with bated breath for July’s personal consumption expenditures price index. Because nothing says “fun Friday” like watching the Fed’s favorite inflation gauge. 📉🍿

Liquidations? Oh, they’re having a field day. $448 million vanished into the ether in the last 24 hours, with longs taking the brunt of it. Bitcoin’s been bouncing between $108,670 and $113,480 since Aug. 26, leaving traders more jittery than a wizard on too much coffee. ☕💸

Support levels? Bitcoin’s got a safety net at $107,000 to $108,900. If it decides to moonwalk upward, $113,600 might see some stressed holders hitting the sell button. And if things go south, there’s a cozy little support range at $93,000 to $95,000. Because even Bitcoin needs a safety blanket sometimes. 🌙🛡️

So there you have it, folks. Bitcoin’s hashrate is through the roof, its price is doing the tango, and the crypto world is as unpredictable as a Discworld weather forecast. Strap in, grab your popcorn, and remember: in the land of blockchain, the only constant is chaos. 🍿🎢

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2025-08-29 17:48