Bitcoin mining difficulty has reached a record high, driven by an unprecedented surge in the network’s seven-day moving average hash rate. On Oct. 21, data from Blockchain.com revealed that Bitcoin’s seven-day hash rate reached an all-time peak of nearly 703 exahashes per second (EH/s), marking the first instance where the network surpassed 700 EH/s. The […]
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Bitcoin network’s all-time high hash rate pushing mining difficulty upward