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Despite Significant Difficulty and Low BTC Price, Bitcoin’s Hashrate Continues to Climb Higher

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Following the largest difficulty increase the Bitcoin network has seen in 2022, the network’s hashrate has not been affected by the 13.55% increase. In fact, five days ago at block height 758,138, the network’s computational power surpassed the all-time high (ATH) recorded on October 5, as it reached 325.11 exahash per second (EH/s) on October 11. Moreover, block generation intervals have been less than ten minutes per block, which means another notable difficulty increase is expected to happen on October 23. 325 EH/s — Bitcoin’s Hashrate Taps Another ATH Following ...

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