The Bitcoin network's hash rate is expected to reach a historic milestone by July
AI Overview
According to Odaily, a recent Coinshares report indicates that the Bitcoin network's hash rate is projected to exceed the historic threshold of 1 zettahash per second (ZH/s) as early as July this year, significantly ahead of previous forecasts. This milestone highlights the strong growth momentum and resilience of the Bitcoin mining network.
The report predicts that Bitcoin's hash rate will surpass 1.28 ZH/s by the end of 2025 and could reach 2.0 ZH/s by early 2027. Despite a slight increase in the price of hash rate, a key profitability metric for miners, it is expected to enter a long-term structural decline.
The report forecasts that by the next Bitcoin halving cycle in 2028, the price of hash rate will range from $35 to $50 per PH/day, with a decline expected to fall below $40 in the first quarter of 2026. This trend reflects dual pressures: the increasing efficiency of mining equipment and heightened competition in the industry.
