#BTCHashratePeak BTCHashratePeak
BTCHashratePeak — the hashrate of the Bitcoin network has once again reached an all-time high, exceeding the mark of 650 EH/s, signaling record activity among miners. The increase in network power is associated with the deployment of new energy-efficient ASIC devices and heightened interest in BTC amid expectations of an autumn rally. According to analysts, the increase in hashrate strengthens the security of the blockchain, but at the same time raises the difficulty of mining, which could impact the margins of smaller mining farms. Institutional investors view this trend as a sign of the network's long-term stability and interest in the asset from major players. For Binance traders, this could mean increased confidence in BTC and potential strengthening of bullish sentiment in the market. However, in the short term, possibilities exist.