Hashrate Bitcoin
Hashrate Bitcoin — the total computing power of all miners in the network. An increase in hashrate means increased network security and miners' confidence in the long-term value of the network. BTC.
An exahash per second is a quintillion (10 to the 18th power) hashes that can be tried. The network has grown from megahashes to CPU in 2009, up to hundreds of exahashes on industrial ASIC-farms.
It is recalculated every 2016 blocks (about two weeks) so that blocks are found on average once every 10 minutes - regardless of how much power is in the network.
Hashrate follows price with a lag of several months: miners increase their hashrate until it pays off. A sharp drop in hashrate is a sign of industry stress, not a direct price signal.
Hashrate and Difficulty - Historical Data
| Date | Hashrate (EH/s) | Complexity | Price BTC | Difficulty change |
|---|---|---|---|---|
| January 2026 | ~ 905 EH/s | ~ 128T | $95,600 | +3.4% |
| Aug 2025 | ~ 820 EH/s | ~ 114T | $117,300 | +2.1% |
| January 2025 | ~ 740 EH/s | ~ 108T | $100,500 | +5.2% |
| Aug 2024 | ~ 660 EH/s | ~ 90T | $57,500 | -2.8% |
| April 2024 | ~ 620 EH/s | ~ 86T | $63,400 | +7.1% (halving) |
| January 2024 | ~ 524 EH/s | ~ 72T | $42,500 | +6.9% (launch ETF) |
| January 2023 | ~ 270 EH/s | ~ 37.6T | $20,900 | -0.5% |
| November 2022 | ~ 250 EH/s | ~ 36.8T | $16,900 | -7.3% (FTX) |
| November 2021 | ~ 190 EH/s | ~ 24T | $63,600 | +3.4% |
| July 2021 | ~ 90 EH/s | ~ 14.4T | $34,000 | -28% (ban in China) |
Hashrate and difficulty are approximate historical values as of mid-month. Price BTC - daily closings from the database TRdesk.
Hashrate Bitcoin as an indicator of network health
Hashrate Bitcoin — is the total computing speed of all miners participating in the network. It is measured in exahashes per second (EH/s). In 2024, the hashrate Bitcoin reached historical highs of over 600 EH/s, which is 6000 times higher than the 2017 value (about 0.1 EH/s). This means that a 51% attack on the network would require the concentration of colossal computing resources worth hundreds of billions of dollars.
Since the mining ban in China in May 2021, the hashrate has dropped Bitcoin in just a few weeks it fell by about 50% - from 180 EH/s up to 85 EH/sAt the time, many analysts predicted a network collapse. However, thanks to the difficulty adjustment mechanism, the network adapted and restored the hashrate to its previous levels within three months. By November 2021, the hashrate had already exceeded 180. EH/s again.
Research shows that hashrate follows price in the long term. Bitcoin With a lag of 3-6 months, miners react to changes in mining profitability by adding or removing equipment. A sharp drop in hashrate is a warning sign: miners begin selling coins under pressure, which puts downward pressure on the price.
Key Concepts of Hashrate
Difficulty adjustment
Every ~2016 blocks (~2 weeks) difficulty Bitcoin The difficulty is automatically recalculated. If blocks are found faster than 10 minutes, the difficulty increases. Slower, it decreases. This stabilizes the emission. BTC.
Hash Ribbons
The 30-day and 60-day moving average hashrate crossover indicator. When the 30-day moving average crosses the 60-day moving average from below after miners capitulate, it's historically one of the best buy signals. BTC.
Hash Price
Daily profitability of 1 PH/s of hashpower in USD. The record high was around $400/PH/s in 2021. After the 2024 halving and with a high hashrate, the hash price is under pressure—only efficient miners survive.
Miners capitulate
When miners operate at a loss and are forced to sell their reserves BTC, the hash rate is falling. Historically, periods of miner capitulation have coincided with bear market bottoms—June 2019, November 2022.