Bitcoin Hashrate Surpasses 700 EH/s

- For the first time in history, Bitcoin's hashrate has reached 703 exahashes per second (EH/s), up 6% over the past seven days.

- Bitcoin's hashrate temporarily surpassed $50 PH/s, marking a two-month high, thanks to rising transaction fees and the price of Bitcoin.

- Data shows that the top 12 public miners increased their share of the hashrate to 28.9% in September.

- Mining difficulty is expected to increase by 4% on October 23.