![Bitcoin network reaches record-breaking hash rate while taproot adoption picks up speed](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/01/bitcoin-Insights-4.jpg&w=70&h=37&q=75)
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%.
![Hash Rate Adjustment: (Source: Glassnode)](https://cryptoslate.com/wp-content/uploads/2023/03/HRA.jpg)
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%.
![Inscriptions Total Count: (Source: Glassnode)](https://cryptoslate.com/wp-content/uploads/2023/03/inscriptions.jpg)
![Taproot: (Source: Glassnode)](https://cryptoslate.com/wp-content/uploads/2023/03/tap.png)