Does Time Back Bitcoin or Does Bitcoin Back Time?

Ahead of yet another 12-14% difficulty increase coming in the next 15 hours,i the Bitcoin network has reached nearly 100 petahashes of processing power,ii less than 8 piddling months after hitting 1 petahash. Let that sink in. It’s insane. It’s beautiful. It’s utterly mesmerizing. And it’s precisely why, even as I sit here in a sprawling private apartment in the heart […]