The Bitcoin Engine Roars New Hashrate Record!
Even though Bitcoin’s price has dropped the network just hit a new milestone. On chain data shows the 7 day average Bitcoin hashrate has reached an all time high (ATH).
What Is Hashrate?
Hashrate measures the total computing power used by miners on the Bitcoin network.
It’s measured in hashes per second often in exahashes per second for simplicity.
When hashrate goes up, it means more miners are joining or increasing their power usually because mining is still profitable.
When it drops, it often means mining costs (like electricity) are higher than the rewards.
Record Breaking Growth
According to Blockchain.com, the 7 day average hashrate has just broken into zettahash per second territory (1 zettahash = 1,000 EH/s).
While the daily hashrate crossed this mark earlier this is the first time the 7 day average has done so.
The chart shows hashrate was flat for months, only making small gains but now it’s broken out strongly, signaling new momentum.
Why It Matters
A higher hashrate = a stronger, more secure network since more computing power is protecting Bitcoin.
However rising hashrate also means the difficulty level (how hard it is to mine Bitcoin) will adjust upward.
CoinWarz estimates the next difficulty increase could be over 5%, which may pressure smaller miners and slow overall growth.
Bottom Line
Even with Bitcoin’s price looking weak the network itself is stronger than ever. Miners are betting big and Bitcoin just entered a new era of hashrate power.
Hasrate Support: Strong and rising
Potential Risk: Higher difficulty may squeeze weaker miners