Bitcoin network reaches record-breaking hash rate while taproot adoption picks up speed
quick take
hash rate
- Bitcoin hash rate at 7DMA surpassed 330 TH/s, setting a new all-time high.
- Moreover, we have only seen 6 days of negative corrections in 2023, which is quite a feat.
- The next difficulty adjustment is scheduled for Friday, and we expect a +3% positive adjustment.
taproot and inscription
- The total number of inscriptions exceeded 312,000. Categorized by file type, it shows over 200,000 images and over 110,000 texts.
- Taproot adoption accelerated again to over 18%, but still short of the all-time high of 19%.
The post-Bitcoin network reached record-breaking hash rates, and taproot adoption sped up, first appearing on CryptoSlate.