
Bitcoin's 7-day average hashrate fell from 1.151 zetahashes per second on October 18th to 0.888 zetahashes per second. The decline follows a bitcoin price drop from its $125,000 all-time high. Miners are diversifying into AI infrastructure, with a recent -10.09% difficulty adjustment marking the 11th largest downward adjustment in network history.
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Summary by ByteBrief