Highest Mining Levels to Date
In July 2025, the hashrate achieved a historic jump to 955.75 EH/s, driven by strong expansions by mining companies like Marathon Digital and Bitfarms among others.
Prior to that, the rate reached about 943 EH/s at the end of May 2025, which represented a historic peak at that time.
Dynamic and Rapidly Evolving Dynamics
In early August, the daily average for Bitcoin hashrate recorded 952.5 EH/s, surpassing the previous record (943.6 EH/s), despite the market dealing with a decline in Bitcoin price.
Recent data indicates that the rate has approached 970 EH/s, representing a new level of processing power in the network.
What Does This Increase Mean?
Network Security: The higher the hashrate, the greater the ability to resist cyber attacks such as 51% attacks, which enhances system security.
Intensity of Competition and Operating Costs: Increased computing power raises mining difficulty and pressures miners' profits, especially for smaller ones.
Miners' Confidence in the Future of Bitcoin: It is unusual for miners to increase mining power during times of price decline, reflecting their expectations for market improvement in the future.
