good post

#BTCHashratePeak The computing power (hashrate) of the Bitcoin network reached a new historical record, surpassing 700 exahashes per second (EH/s) for the first time, marking a significant milestone. This historical peak was reached in October 2024, with a seven-day moving average reaching 703 EH/s. The network's power continued to grow, reaching a peak of 725.88 EH/s in that same month. This increase is attributed to higher mining profitability, driven by the rebound in Bitcoin prices and higher transaction fees, especially due to token minting on-chain via the runes protocol.