Bitcoin’s Network Hashrate Reaches ATH as BTC Nears $70K

TL;DR Record-Breaking Hashrate: Bitcoin’s network hashrate reached an all-time high of over 769.8 EH/s as of October 21, 2024, enhancing the blockchain’s security and resilience. Economic Strain on Miners: Despite technological advancements, miners face economic challenges with high operational costs and reduced revenues, prompting them to explore new strategies and renewable energy sources.... source: https://crypto-economy.com/bitcoins-network-hashrate-reaches-ath-as-btc-nears-70k/