The 7-day SMA of Bitcoin's hash rate once reached 677 EH/s last week, setting a new historical high

Data from Luxor's hashrateindex.com shows that, according to the 7-day Simple Moving Average (SMA), Bitcoin's total hash rate hit a historical high in the past week. On July 25th, this index reached 677EH/s, surpassing the peak of 659EH/s recorded on May 25th. In addition, based on the 3-day SMA, Bitcoin network's hash rate hit a historical high of 707EH/s on July 22nd.