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CryptoQuant CEO: Currently, approximately 4.43 million ASIC mining machines are providing support for the Bitcoin network

2024-11-25 10:14

According to Ki Young Ju, founder and CEO of CryptoQuant, approximately 4.43 million ASIC mining machines are currently providing computing power support for the Bitcoin network, driving the network's computing power to a historic high. This growth mainly comes from the increase in the number of mining machines, rather than the improvement of chip performance. Since the beginning of this year, the number of mining machines has increased by 826000 units, a year-on-year growth of 23%.

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