"Why 90% of Bitcoin's Mining Power Points to Core — The Signal Most Investors Are Missing"
Core DAO Deep Dive Series · Part 1 of 10 There is a number that stops serious blockchain analysts in their tracks. 89.9%. At the time of writing, 836 out of 930 total exahashes per second of Bitcoin's global mining power is delegated to the Core blockchain. Not borrowed. Not simulated. The actual proof-of-work security that has protected Bitcoin for over fifteen years — the same computational force that makes Bitcoin the most secure financial network ever built — is pointing at Core. This single data point is, in my view, the most important and most underappreciated signal in the entire blockchain space right now. In this first article of our ten-part series, I want to explain what this number means, why it matters, and why the market has not yet fully priced it in. First, A Framework: The Three Pillars of Every Blockchain To understand why 89.9% hashrate delegation is significant, you need to understand the problem every blockchain has struggled with since Bitcoin wa...