Bitcoin News Today: Bitcoin Hashrate Hits ATH as Price Rises 0.65% Amid Mining Surge

Bitcoin’s hashrate has reached an unprecedented all-time high (ATH), signaling a surge in mining activity and bolstered network security, according to recent data from Bitcoin Magazine. This milestone coincides with a rise in Bitcoin’s price, which currently trades at $118,900, reflecting a 0.65% increase over the past 24 hours. Historically, the correlation between hashrate growth and price trends has indicated miner confidence and market stability, with both metrics aligning in a bullish trajectory [1].

Dominance in the mining landscape remains concentrated among top pools, with Foundry USA leading the charge at 302.50 EH/s and 48 mined blocks, capturing 30.38% of the network share. AntPool and F2Pool follow closely, contributing 170.16 EH/s and 157.55 EH/s respectively, while ViaBTC and SpiderPool round out the top five. Despite near-perfect health scores and no reported empty blocks, block fee revenues have declined across the board. ViaBTC saw the most significant drop, with average fees plunging 20.95%, attributed by analysts to reduced transaction demand during bearish market phases [1].

The escalating hashrate has intensified scrutiny on energy consumption and sustainability. The European Union’s Markets in Crypto-Assets (MiCA) framework is now prioritizing regulatory compliance, mandating stricter emissions and transparency standards for mining operations. While a higher hashrate enhances Bitcoin’s resilience against 51% attacks, it also drives aggressive competition, prompting miners to allocate more resources to hardware and energy [1].

Centralization risks loom as top pools consolidate mining power. Foundry USA’s 30.38% share underscores the potential for short-term price influence, though no single entity has surpassed the 40% threshold. Analysts emphasize that while such consolidation may affect immediate market dynamics, Bitcoin’s decentralized design remains a foundational principle. Investors are advised to monitor energy costs and regulatory developments, particularly in regions with evolving crypto policies [1].

The mining race shows no signs of slowing, with technical advancements and regulatory pressures shaping the industry’s trajectory. As hashrate continues to rise, the interplay between miner strategy, energy efficiency, and compliance will likely define the next phase of Bitcoin’s growth.

Source: [1] [title1Bitcoin Hashrate Hits New ATH, Mining Race Heats Up] [url1https://www.cryptotimes.io/2025/07/28/bitcoin-hashrate-hits-new-ath-mining-race-heats-up/]