💪 Record high

in hive-109690 •  7 months ago 

💪 Record high

Hashrate on the bitcoin network has updated an all-time high in the neighborhood of 650 EH/s. This event was particularly notable due to the fact that most analysts expected it to correct after halving and shutting down some of the hardware.

❌ But that did not happen. The likely reason was the high commissions after the Runes upgrade, which offset the reduction in subsidy for mining the block.
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