Bitcoin's hashrate, which measures the computational power of the network, reached an all-time high of 692.28 exahash per second (EH/s) on September 8th. This marks a significant increase from the previous level and reflects a growth of 76.15% over the past year. The higher hashrate has resulted in quicker block intervals and is setting the stage for an upcoming difficulty adjustment. Despite the increased strength and persistence of the network, miner revenue has taken a sharp drop and the hashprice has decreased slightly. The hashrate nearing the 700 EH/s milestone demonstrates the continued growth and stability of the Bitcoin network.



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