Bitcoin News Today: Bitcoin’s hashrate hits record 955.75 EH/s as price gains 2% amid mining expansion

Bitcoin’s hashrate reached an unprecedented 955.75 EH/s between July 27-28, 2025, signaling a surge in global mining activity driven by expansions in North America and Central Asia [1]. This record reflects heightened competition among miners, who are consolidating operations amid a stable hashprice of $60 per petahash per second [2]. The milestone underscores the cryptocurrency’s growing infrastructure, with entities like Core Scientific and Cipher Mining expanding their capacities while integrating AI into traditional mining frameworks [3].

The surge in hashrate has bolstered Bitcoin’s network security, a critical factor as global financial uncertainties persist. The increased computational power heightens the difficulty for malicious actors to alter the blockchain, reinforcing trust in the protocol. However, the intensified competition has also raised operational costs for miners, pushing smaller players to either exit the market or seek partnerships with larger firms [1].

Financially, the hashrate’s peak coincided with a 2% rise in Bitcoin’s price, though trading volumes declined by 8.7%, indicating cautious investor sentiment [3]. This dynamic highlights the evolving relationship between mining activity and market behavior, as operators balance capital expenditures with revenue expectations. The price rally aligns with historical patterns where hashrate increases have preceded price surges, driven by optimism over technological upgrades and institutional interest [3].

Notably, a solo miner recently secured a 3.125 BTC block reward, valued at $372,773, demonstrating that individual participation remains viable despite the dominance of large-scale operations [2]. Analysts view such events as a testament to Bitcoin’s decentralized ethos, even as barriers to entry—such as energy costs and hardware efficiency—grow. This rare success underscores the protocol’s resilience but also signals a narrowing window for small operators.

Corporate expansion is reshaping the mining landscape. CANG, a major player, has become the fourth-largest public Bitcoin miner by hash rate, reflecting the sector’s shift toward institutionalization [3]. Meanwhile, Foundry’s contribution of 247 EH/s illustrates the concentration of hashrate among top firms, a trend critics argue undermines decentralization. Proponents counter that larger entities are better equipped to navigate regulatory and energy-related risks, particularly in regions with volatile electricity markets.

Challenges remain. The interplay between rising hashrate and declining mining difficulty—spurred by advanced algorithms—creates a mixed environment. While lower difficulty increases block validation chances, it also risks network congestion if mining capacity outpaces transaction demand. Environmental concerns persist, with regulators scrutinizing the sector’s carbon footprint amid global sustainability goals.

Looking ahead, industry observers anticipate further technological and regulatory developments. Romain Max, a noted analyst, highlighted that Bitcoin’s evolving infrastructure “continues to redefine the financial landscape,” suggesting long-term resilience despite short-term hurdles [3]. As the network approaches 1,000 EH/s, the focus will remain on balancing innovation with ecological responsibility, ensuring Bitcoin’s role as a secure, decentralized asset.

Sources:

[1] [Bitcoin’s Hashrate Nears Record 945 EH/s] (https://x.com/btctn?lang=en)

[2] [Solo Bitcoin Miner Earns $373,000 Block Reward] (https://cryptorank.io/news/feed/7b9fa-solo-bitcoin-miner-earns-373000-block-reward)

[3] [CANG Becomes Fourth-Largest Bitcoin Miner by Hash Rate] (https://cryptoadventure.com/news/)