The total computing power of the whole Bitcoin network breaks through 300 EH/s

According to CoinDesk, data from Luxor Technologies shows that the total computing power of the entire Bitcoin network has exceeded 300 EH/s, an increase of 100 EH/s in about a year, which is twice the speed of growth from 100 EH/s to 200 EH/s. Jaran Mellerud, a mining service analyst at Luxor Technologies, said that although it took less than a year for Bitcoin's total computing power to increase from 200 EH/s to 300 EH/s, it may take longer to break through 400 EH/s . Jaran Mellerud stated that he believes that the total computing power will be lower than 350 EH/s by 2023, because the lower mining income in 2022 did not motivate new investment.