According to ChainCatcher, according to Luxor's hashrateindex.com data, Bitcoin's hashrate is currently hovering at 660 EH/s, just 17 EH/s lower than the peak of 677 EH/s recorded on July 25, 2024.

Analysts say that although the mining difficulty has recently been reduced by 4.19%, current forecasts indicate that the difficulty reduction may become history. On August 28, Bitcoin mining difficulty is expected to increase by 4% or more, which may push it to an all-time high of 90.67 T.