Odaily Planet Daily News HashRateIndex reported that Bitcoin's seven-day hashrate reached a record high of 659 EH/s, up 13.6% from the low of 580 EH/s after the halving. In addition, according to Bitinfocharts, the average network hashrate reached 732 EH/s last weekend, a record high. HashRateIndex explained that the increase in hashrate may indicate that listed mining companies are starting their ASIC orders as planned, which means that more powerful hardware is being enabled and competition will be more intense as more hashrate comes online. The report noted that the current average block time is 9 minutes and 26 seconds. Top listed mining companies have booked 76.6 EH/s of equipment for 2024. In addition, 12.9 EH/s of the equipment should have been delivered in the first quarter, and almost 36 EH/s of the equipment should have been delivered in the second quarter. HashRateIndex added: "Regardless of where it comes from, the current surge in computing power will bring miners a considerable difficulty increase in about 8 days." (Cryptopotato)