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Bitcoin Hashrate Breaks Record Even As Mining Gets Harder Than Ever

  • The 7-day average of the Bitcoin Hashrate has set a new record, reaching 942.6 EH/s, despite network difficulty being at an all-time high.
  • Bitcoin miners are adding more computing power to the network, indicated by the recent surge in the Hashrate.
  • Despite bearish price trends and increasing mining Difficulty, miners have continued to expand their operations.
  • The increase in mining Difficulty aims to maintain a consistent block reward pace for miners, despite changes in computing power.

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