Bitcoin network computing power hits new high, and the number of mining machines increases by 23% year-on-year

According to PANews, CryptoQuant founder and CEO Ki Young Ju revealed that there are currently about 4.43 million ASIC mining machines providing computing power support for the Bitcoin network.

This growth has pushed the network's computing power to a record high, mainly due to the increase in the number of mining machines rather than the improvement in chip performance.

Since the beginning of this year, the number of mining machines has increased by 826,000, a year-on-year increase of 23%.