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Bitcoin Network Achieves Historic Hashrate Milestone

Bitcoin Network Achieves Historic Hashrate Milestone

CointimeCointime2025/04/07 12:11
By:Cointime

On April 5, Bitcoin's hashrate reached a peak of 1.025 ZH/s according to data from mempool.space, with BTC Frame reporting a slightly lower peak of 1.02 ZH/s on April 4. Coinwarz data showed that Bitcoin's hashrate briefly hit 1.1 ZH/s on April 4 at block height 890,915, but had already crossed the 1 ZH/s mark on March 24. Despite a temporary increase, Bitcoin's hashrate dropped below 0.95 ZH/s on April 7, as reported by BTC Frame. Variations in data are due to different methodologies used to calculate hashrate, such as block times, difficulty adjustments, and the selection of nodes and miner pools for data extraction.

The discrepancies in hashrate data from various trackers are mainly due to different methods of measurement and estimation. For example, using one "trailing block" instead of five can result in a difference of over 0.04 ZH/s, as noted by Bitcoin cypherpunk Jameson Lopp. Mitchell Askew, head analyst at Blockware Solutions, highlighted that random variations in block times can make the raw hashrate metric misleading. Despite fluctuations, Bitcoin's 30-day moving average hashrate remains around 0.845 ZH/s.

Reaching 1 ZH/s is a significant milestone for Bitcoin, indicating a substantial increase in the network's computational power and decentralization. This milestone enhances the security of the Bitcoin network, making it more resilient against 51% attacks. The rise in hashrate marks a 1,000x increase since January 2016 when Bitcoin surpassed 1 Exahash per second (EH/s), showcasing its dominance over other proof-of-work blockchains like Litecoin, which operates at 2.49 Petahashes per second—around 40,000 times less powerful than Bitcoin.

The achievement of this historic hashrate milestone reflects the growing strength of the Bitcoin network as more miners and participants join. The increase in hashrate signals a positive trend towards greater adoption and security for Bitcoin, solidifying its position as the leading cryptocurrency by market capitalization.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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