#BTCHashratePeak
The Bitcoin Hashrate Peak represents the computational power used in mining Bitcoin. The rate is not a fixed number and is constantly changing, but it has recently reached record levels reflecting the massive growth of the Bitcoin network.
Hashrate:
The total number of attempts miners make per second to solve the complex mathematical puzzle required to add a new block to the blockchain. The higher this number, the more computational power is dedicated to the network.
Key increases in the rate:
* Increased network security: As mining power increases, it becomes very difficult for any single entity to control the network or execute a 51% attack, as this requires a tremendous amount of resources.
* Increased investment in mining: A high hashrate indicates that more individuals and companies are investing in advanced mining equipment due to their confidence in the future of Bitcoin.
Amount of Bitcoin being mined
The amount of Bitcoin mined in each block remains fixed at 6.25 Bitcoin. This number is automatically adjusted approximately every four years in a process called halving, where the mining reward is cut in half. The last halving occurred in 2024 and the next halving will be in 2028, which will reduce the reward to 3.125 Bitcoin per block.
This system ensures that the total number of Bitcoins will not exceed 21 million coins, making it a scarce asset and inherently anti-inflationary.