@samuelgk
No, computing power (hashrate) does not solely determine a cryptocurrency's fate. For Proof-of-Work coins like Bitcoin, high hashrate enhances network security and resists attacks, often correlating with price as rising prices attract more miners. However, price typically leads hashrate, not vice versa—driven by adoption, demand, and market sentiment.For Proof-of-Stake coins like Ethereum (post-Merge), hashrate is irrelevant.Ultimately, utility, community, and adoption decide long-term success more than raw power.Sources: https://www.coindesk.com/tech/2021/02/05/what-does-hashrate-mean-and-why-does-it-matter
https://cointelegraph.com/explained/what-is-bitcoin-hash-rate-and-why-does-it-matter
https://unchainedcrypto.com/what-is-the-bitcoin-hashrate/
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