HashRateIndex: Bitcoin hash rate growth may indicate that Bitcoin public miners are activating ASIC orders as planned

HashRateIndex reports that the seven-day hash rate of Bitcoin has reached a historical high of 659 EH/s. In addition, according to Bitinfocharts data, the average network hash rate reached a historical high of 732 EH/s last weekend. HashRateIndex explains that the growth in hash rate may indicate that public Bitcoin miners are activating their ASIC orders as planned, meaning that more powerful hardware is being turned on. With more hash values coming online, competition will become more intense.