According to data from CoinWarz, the global hash rate of the Dogecoin blockchain has spiked to a seven-month-high value of around 815 TeraHashes per second (TH/s). This spike can be mainly attributed to Elon Musk’s Twitter purchase, which fueled the network's interest. However, the spike is still down by 19.4% from the all-time high hash rate of 1.34 PetaHashes per second (PH/s) reached back in April