According to ChainCatcher, 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, pushing the computing power of the entire network to a record high.

This growth mainly comes from the increase in the number of mining machines, rather than the improvement of 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%.