Bitcoin's hashrate has reached a new record of 972 exahashes per second (EH/s), reflecting increased investment in mining infrastructure despite challenging market conditions. Mining difficulty has also risen by 6.81% to 121.51 trillion, highlighting the competitive environment for miners. US-based miners now account for 30% of the global hashrate, an increase of 800 basis points since the last halving event, with Foundry leading at 32.33% of the market share. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io