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Bitcoin's hashrate has recently surged to a new all-time high, reinforcing the network's security and demonstrating robust participation from miners. This increase in computational power indicates growing confidence in the network's future, as miners invest heavily in new infrastructure. The surge is particularly notable as it comes despite recent price fluctuations, showing a decoupling between short-term market sentiment and long-term network fundamentals. While this strengthens the network, it also increases mining difficulty, making it more challenging for individual miners to compete. The trend highlights Bitcoin's ongoing resilience and decentralized strength.
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