Bitcoin network complexity reached its peak indexes
Bitcoin is driving the crypto locomotive forward , towards the massive adoption. The number of private and institutional investors interested in crypto assets is steadily on-ramps, while the BTC network complexity is on the rise as well .
The network complexity reached 20.8 trillion hash in February 2021, setting a new all-time record . If compare the index with previous year, the complexity increased by 33.8%. The creation of a new block requires more efforts, and such a tendency makes Bitcoin even more similar to gold. As the number of unmined BTC becomes fewer, the creation process requires more and more efforts.
Hence, the network complexity can be understood among the factors to drive BTC prices higher.
