Bitcoin Hashrate Jumps to 970 EH/s, Mining Power Reaches Crazy New Record
On Thursday, as Bitcoin rebounded from recent lows, the network's computing power reached a record high of 970 exahashes per second (EH/s).
From Exahash to Zettahash: Bitcoin Approaches 1000 EH/s
Bitcoin's hashrate surpassed its previous high of 946 EH/s, setting a new record of 970 EH/s that day. The hashrate is currently at 967.20 EH/s, slightly below the new peak.
Source: hashrateindex.com – 7-day simple moving average (SMA).
As the price increased, so did the profits of miners. The estimated cost of hashing increased from $56.02 per petahash to $58.14 per petahash of computing power. This figure reflects the estimated cost of one petahash per second (PH/s) of computing power.
The hashrate surge has sped up the block interval, which recently dropped below 10 minutes. Blocks are currently being formed a bit faster, averaging 9 minutes 51 seconds. There are currently 187 blocks left until the next difficulty change.
If blocks continue to appear at this rate, the next difficulty change could be an increase. This change is tentatively scheduled for August 8, 2025, with a projected increase of 1.46%, although this estimate could still change. Meanwhile, with the hashrate approaching 1,000 EH/s, Bitcoin is getting closer to reaching a full zettahash second (ZH/s) and is holding steady at that level.
Source: cryptonews.net
