#BTCHashratePeak

The **BTCHashratePeak** marks the **all-time high of computational power** dedicated to mining Bitcoin, reaching **722 exahashes per second (EH/s)** in 2024. This record reflects:

1. **Enhanced security**: A high hashrate increases resistance to 51% attacks, protecting the network.

2. **Investment in infrastructure**: Miners deployed more efficient ASICs (e.g., 3nm models) and leveraged renewable/strategic energy sources.

3. **Long-term confidence**: Demonstrates miners' commitment despite market volatility and halvings.

4. **Global competition**: Miners optimize costs by migrating to regions with cheap energy (U.S., Latin America, Africa).

5. **Decentralization**: Although geographically concentrated, the diversification of mining pools is increasing.

This sustained growth underscores the strength of Bitcoin as a decentralized network, although it poses challenges of energy consumption and accessibility for small miners.