🚀 Bitcoin Hash Rate Hits New All-Time High! 🚀

Despite Bitcoin's price taking a nap this month, the network's hash rate is breaking records! According to Glassnode, the hash rate soared to an impressive 693 EH/s on Sunday, showing that miners are still bullish on BTC. 💪

Miner revenue might be down due to lower BTC prices and March's halving, but the mining community isn't backing down. Marathon Digital, the largest publicly traded mining firm, is HODLing and even using convertible debt to buy more BTC! 🏦

While trading volumes are low, experts like Bitwise's Matt Hougan and BitMEX's Arthur Hayes predict a rally as we head into October and November. 🌟

Stay optimistic, Bitcoiners! 🌈