Bitcoin’s computing power reached a new high on the 7-day SMA, reaching 464 EH/s

Bitcoin’s computing power maintains an upward trend, reaching a new high as of November 1, 2023. According to the 7-day simple moving average (SMA), the network’s computing power reached 464 EH/s for the first time; the three-day SMA showed that the network’s computing power surged even higher, reaching 468 EH/s. It is worth noting that as the computing power rises, the Bitcoin network difficulty reaches a new high of 62.46 T, and this level will remain until November 12. (Bitcoin.com)