Bitcoin’s computing power reached a new high on the 7-day SMA, reaching 464 EH/s

On November 2nd, it was reported that the Bitcoin hash rate continued to rise, reaching a new high as of November 1st, 2023. According to the 7-day simple moving average (SMA), the network hash rate reached a record high of 464 EH/s for the first time; the 3-day SMA showed that the network hash rate soared even higher, reaching 468 EH/s.