Despite bitcoin’s low mining profitability, hovering around $40/PH/s, the network’s seven-day average hashrate has climbed to a new record of 700 EH/s. Network data shows that the seven-day average hashrate surpassed the previous high of 677 EH/s on Friday and continued its upward trend throughout the weekend, reaching 700 EH/s early Monday. While the hashrate […]
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