The Bitcoin network’s hashrate has rebounded significantly, approaching its historical peak of 976 EH/s. This increase comes despite a decline in mining profitability driven by falling hashprice and economic pressures on mining companies. While the current trend suggests technical robustness within the Bitcoin network, experts question how the mining ecosystem can maintain its security amidst this challenging financial landscape. The article explores the factors contributing to this rebound, including operational shifts, technological advancements, and market adaptations. However, a growing divide exists between the network’s performance and the profitability of miners. The drop in hashprice, a key indicator of mining revenue per petahash per second (PH/s), has significantly reduced earnings for companies already grappling with low transaction fees. This dynamic raises concerns about the sustainability of current mining operations, particularly for smaller players who lack the resources to adapt. As the Bitcoin network continues to evolve, its resilience against economic shifts remains a crucial point of focus.