**Bitcoin Hashrate Hits Record High Amid Market Turbulence**

- The Bitcoin network has achieved a milestone, surpassing 1 Zetahash per second (ZH/s) for the first time in its history, showcasing immense computational power and enhanced security.

- Despite discrepancies in data sources, this marks a 1,000x increase in hashrate since 2016, underscoring Bitcoin's growing decentralization.

- This surge coincides with increased competition among commercial mining firms, expanding operations and deploying efficient machines.

- Meanwhile, Bitcoin's price has dropped nearly 10% amid recession fears, highlighting the complex dynamics between network growth and market conditions.