🚀 Bitcoin Mining Milestone! 🚀

Bitcoin's hashrate has smashed through the 700 EH/s barrier for the first time, marking a 6% increase over the past week! This surge is driven by a spike in transaction fees and Bitcoin's price, pushing mining profitability to a two-month high of $50 PH/s.

Key Highlights:

- All-time high hashrate: 703 EH/s

- Public miners now contribute 28.9% of total hashrate

- Top gainers: CleanSpark, MARA Holdings, Riot Platforms, IREN

- Next difficulty adjustment: +4% on Oct. 23

What do you think about these developments? Share your thoughts in the comments! 💬