Question 1

What does BTC hash rate mean?

Accepted Answer

Hash rate represents the total computational power of the Bitcoin network, measured in EH/s (exahashes per second). A high hash rate means strong network security and intense mining competition. Increasing hash rate makes 51% attacks more difficult and serves as a key indicator of network health.

Question 2

How is BTC supply distributed?

Accepted Answer

Bitcoin has a fixed maximum supply of 21 million BTC. Approximately 19.6 million BTC have been mined so far, and the rest will be gradually mined through halving cycles. Some mined BTC are estimated to be lost (early wallet losses, etc.), so the actual circulating supply is less than total mined.

Question 3

What does a high number of unconfirmed mempool transactions mean?

Accepted Answer

A high number of unconfirmed mempool transactions indicates network congestion. This leads to higher transaction fees, and transactions with low fees may take longer to confirm. A spike in mempool size can indicate large on-chain events such as price volatility or increased DeFi activity.

BTC On-Chain Metrics

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