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CryptoQuant CEO: Currently, about 4.43 million ASIC miners are supporting the Bitcoin network

CryptoQuant CEO: Currently, about 4.43 million ASIC miners are supporting the Bitcoin network

Bitget2024/11/25 10:37

According to Ki Young Ju, founder and CEO of CryptoQuant, there are currently about 4.43 million ASIC miners providing computational support for the Bitcoin network, pushing the total network power to a historic high. This growth mainly comes from an increase in the number of mining machines rather than an improvement in chip performance. So far this year, the number of mining machines has increased by 826,000 units, a year-on-year increase of 23%.

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