Ark Analyst: The number of hashes executed by the Bitcoin network per second is 67 times the number of grains of sand on Earth

Ark Invest analyst Yassine Elmandjra stated on social media that Bitcoin's hash rate hit a historic high of 500 exahashes/s this month. To highlight the enormity of this number: - For every star in the Milky Way, the Bitcoin network calculates 5 billion times per second. - If the global population were to perform one hash operation per second, it would take 2000 years to reach the speed of Bitcoin's network hash operations. - The number of hashes performed by the Bitcoin network each second is 67 times greater than all grains of sand on Earth. - Calculated by raw operations per second, Bitcoin's performance is 500 times that of the world's most powerful supercomputer. However, there are still skeptics who believe "Bitcoin has no backing."