Bitcoin hashrate hits a new all-time high, showing an increase in the Bitcoin network strength

According to Bitcoin on-chain data sites, bitcoin mining hashrate’s 7-day moving average crossed the 700 EH/s mark, reaching a new all-time high. The hashrate is currently over 13% more since the Bitcoin halving event in April. The hashrate also highlighted a 6% increase over the last 7 days.

Source: Cryptopolitan