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Bitcoin Hash Rate Hits Record High, But Weak Network Activity Raises Concerns

  • Bitcoin's hash rate reaches a record high, but concerns arise over weak network activity.
  • Bitcoin's 14-day moving average hash rate hits an all-time peak of 838 EH/s.
  • Transaction fees remain minimal and blocks are often underutilized.
  • The future stability of Bitcoin's mining model is being questioned due to the disparity between mining power and weak network usage.

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