Bitcoin’s computing power reached a new high on the 7-day SMA, reaching 464 EH/s
On November 2nd, it was reported that the Bitcoin hash rate continued to rise, reaching a new high as of November 1st, 2023. According to the 7-day simple moving average (SMA), the network hash rate reached a record high of 464 EH/s for the first time; the 3-day SMA showed that the network hash rate soared even higher, reaching 468 EH/s.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Prediction Market Shows 75% Chance of New Country Buying Bitcoin This Year
Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL
According to RWA.xyz, BlackRock's USD Institutional Digital Liquidity Fund has over $648 million in assets under management. The Frax community has voted to pass FIP-418 to use BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin. A