Quick Take
Hash Rate
- A 7DMA Bitcoin hash rate has exceeded 330 TH/s, a new all-time high.
- In addition, only six days of 2023 have seen negative adjustments, quite the feat
- The next difficulty adjustment is projected for Friday with an expected positive adjustment of +3%.
Taproot and Inscriptions
- The total number of inscriptions has surpassed 312,000. Broken down by file type, it sees over 200,000 images and 110,000 texts.
- While taproot adoption has re-accelerated to over 18%, just shy of the all-time high of 19%.
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Source: https://cryptoslate.com/insights/bitcoin-network-reaches-record-breaking-hash-rate-while-taproot-adoption-picks-up-speed/