Whereas bitcoin’s worth slid beneath the $100,000 threshold, bottoming at $91,530 on Feb. 2, its computational muscle flexed to an unprecedented apex.
Bitcoin’s Hashrate Faucets an All-Time Excessive
Information from hashrateindex.com reveals bitcoin’s hashrate soared to a historic zenith of 840 exahash per second (EH/s), sustaining a formidable 837.25 EH/s as of midday ET on Feb. 3, 2025. This computational crescendo adopted a stark BTC value drop on Sunday, fueled by debates over the Trump administration’s tariff technique.
The downturn nudged hashprice—a measure of mining income—from $59-$60 to $58.19 per day by day petahash per second (PH/s). Since stabilizing after a previous tumble from $68 per PH/s, miners savored a 2.12% dip in mining problem, propelling the hashrate upward.
The seven-day easy transferring common (SMA) now glimmers at 840 EH/s. This fusion of heightened computational output and eased problem has trimmed common block intervals to a brisk 9 minutes, 17 seconds.
But this effectivity harbors a twist: The following problem retarget on Feb. 8, 2025, may set off a pointy climb. Mining analytics platforms, together with hashrateindex.com, sign a looming spike.
Projections trace at a 7.59% bounce if present patterns persist. To know 840 EH/s, think about 8.4 sextillion hash features produced every second—a staggering feat because the community edges towards the zettahash threshold (1,000 EH/s).
At press time, the hashrate hums at 0.84 zettahash per second (ZH/s), inching nearer to this subsequent computational frontier of 1 ZH/s.