Bitcoin’s Hashrate Reaches All-Time High of 970 EH/s

Bitcoin’s network hashrate has surged to a new record high of 970 exahashes per second (EH/s), signifying a significant shift in the cryptocurrency industry. This monumental increase is driven by increased investment in energy-intensive hardware by miners, as highlighted by @DocumentingBTC on X. The chart showcasing the network’s computational power demonstrates this dramatic rise since its inception in 2012.