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Bitcoin's hashrate has surged to 976 exahash per second (EH/s), marking one of the closest approaches to the 1 zettahash per second (ZH/s) threshold since the network’s inception. As of July 27, 2025, the seven-day simple moving average (SMA) recorded the network's computational strength at this level, according to data from hashrateindex.com [1]. Just 24 EH/s separated the network from reaching the 1 ZH/s milestone, a symbolic threshold that represents the scale and resilience of Bitcoin’s decentralized security infrastructure.
The rise in hashrate reflects a growing concentration of mining activity across the globe, with major mining pools increasing their shares. Foundry led the rankings, contributing 278 EH/s or 28.64% of the total hashrate, followed by Antpool with 175 EH/s (18.1%) and Viabtc with 128 EH/s (13.25%). F2pool and Spiderpool held the fourth and fifth positions, respectively, with 100 EH/s (10.35%) and 83 EH/s (8.5%) [1]. These figures indicate a highly competitive environment among mining pools, where operational efficiency and access to high-performance hardware are critical to maintaining dominance.
The hashrate’s continued growth has reinforced the network’s security by increasing the computational cost of any potential 51% attack. A higher hashrate also suggests strong participation from institutional and industrial-scale mining operations, highlighting the ongoing industrialization of
mining [1]. This trend is evident in the increasing deployment of advanced mining hardware and the optimization of energy sourcing strategies to maintain profitability amid price volatility.Despite the hashrate’s record-breaking climb, Bitcoin’s price has not mirrored this momentum. However, the sustained investment in mining operations indicates that miners remain confident in the long-term value proposition of Bitcoin [1]. The divergence between price and hashrate underscores the distinction between short-term market sentiment and the long-term infrastructure development of the network.
The proximity to 1 ZH/s also raises questions about the scalability and energy dynamics of the Bitcoin network. While the threshold is largely symbolic, it serves as an indicator of the global scale of participation in securing the blockchain. If the current pace of growth continues, the milestone could soon be surpassed and maintained, potentially redefining industry benchmarks and strengthening Bitcoin’s position as the most secure and resilient blockchain.
Source: [1] Bitcoin's Hashrate Roars to 976 EH/S — Just a Hair From 1 ZH/s Glory (https://news.bitcoin.com/bitcoins-hashrate-roars-to-976-eh-s-just-a-hair-from-1-zh-s-glory/)
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