The hashrate of Bitcoin's network has reached a new record high of 805 EH/s. The network's computing power has increased significantly compared to the previous year, with today's top mining machine able to generate a tiny fraction of the overall hashrate. The high hashrate has led to faster block intervals, making it more difficult for miners to find blocks. Despite this, Bitcoin's network is thriving and adapting to new challenges, indicating future growth and competition. The sustainability of this trend is uncertain and only time will reveal its outcome.



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