#BTCHashratePeak
Bitcoin's hash rate has recently reached a record high, with the average hashrate per day standing at 884.7 exahashes per second (Eh/s), representing a 23.41% increase in 24 hours. This surge in hash rate indicates growing computational power and security for the Bitcoin network ¹.
*Key Points about Bitcoin's Hash Rate:*
- *Record High:* Bitcoin's hash rate has hit an all-time high, showcasing the network's increasing security and computational power.
- *Network Security:* A higher hash rate makes it more difficult for malicious actors to launch attacks on the network, ensuring a more secure transaction process.
- *Miner Participation:* The rise in hash rate suggests increased participation from miners, which is crucial for validating transactions and maintaining the integrity of the blockchain.
- *Energy Consumption Concerns:* Despite the benefits, a higher hash rate also raises concerns about energy consumption and its environmental impact. However, some argue that Bitcoin's energy usage is more trackable and transparent compared to traditional financial systems ¹ ² ³.
*Current Bitcoin Statistics:*
- *Price:* $122,040 (up 1.77% in 24 hours)
- *Market Capitalization:* $2.43 trillion
- *24-hour Trading Volume:* $59.85 billion
- *Circulating Supply:* 19.90 million BTC
- *All-Time High:* $123,236 (reached on July 14, 2025) ⁴