Maybe you are crushing it and doing 120 hours work of work in 70 hours. Or maybe you are doing 70 hours of work in 70 hours.
Or maybe doing 35 hours of work in 70 hours.
I'm not sure how many hours I do, probably around 35. I start at around 8am and work till about 6, but take long breaks during the day.
I find that I'm much more productive if I take a lot of breaks -- long hours don't necessarily result in getting more stuff done. I've never had a problem getting all the stuff done that I need to do, and I tend to be more productive than most other developers I've met. In fact, sometimes doing no work for a day or two is a good way to limber up for a difficult project.
I kid.
It'll pay off for kids like us some day.