Bitcoin hashrate is back on top! 🚀 Despite the lackluster BTC price this month, the total network hashrate has reached a new record of 693 EH/s. This shows that mining companies continue to install new equipment despite uncertain market conditions.

Miners' income has been reduced due to the fall in BTC price and the March halving. However, they are following a HODL strategy, which may affect their profitability in the near future.