Bitcoin News Today: Bitcoin Hashrate Hits Record High as Price Rises 0.65% on Strong Miner Participation Foundry USA Leads with 30.38% Share

Bitcoin’s hashrate has surged to a record high, surpassing previous benchmarks and signaling intensified mining activity and enhanced network security, according to Bitcoin Magazine [1]. This milestone, observed on July 28, 2025, reflects sustained miner participation and underscores the network’s resilience against potential threats. Concurrently, Bitcoin’s price has risen, with BTC trading at $118,900—a 0.65% increase over the past 24 hours. The synchronized growth in hashrate and price suggests a historical correlation between miner confidence and market value, as both metrics trend in tandem [1].

The mining landscape remains dominated by a handful of top pools, which collectively account for the majority of the network’s computational power. Foundry USA leads the pack with a hashrate of 302.50 EH/s and 48 mined blocks, securing a 30.38% share of the network. AntPool follows closely with 170.16 EH/s and 27 blocks, while F2Pool contributes 157.55 EH/s and 25 blocks. ViaBTC and SpiderPool round out the top five, with hashrates of 126.04 EH/s and 63.02 EH/s, respectively. All major pools reported near-perfect health scores and no instances of empty blocks, indicating stable operations [1]. However, block fee revenues have declined, with ViaBTC experiencing the steepest drop—average fees fell by 20.95%, highlighting potential challenges for smaller operations amid rising competition [1].

The surge in hashrate has drawn regulatory scrutiny, particularly in Europe, where the Markets in Crypto-Assets (MiCA) framework emphasizes energy efficiency and sustainability. A report by Onesafe notes that while higher hashrate strengthens Bitcoin’s defenses against 51% attacks, it also intensifies competition among miners. This drives increased investment in hardware and energy resources, raising concerns about environmental impact and operational costs [1]. The regulatory focus on emissions and transparency is expected to force mining firms to adopt stricter compliance measures, potentially reshaping the industry’s cost structure and geographic distribution.

The interplay between technical metrics and market dynamics remains a focal point for observers. Historically, hashrate and price trends have mirrored each other, though recent data suggests miners may prioritize profitability and security even as fee revenues contract. Analysts caution that while the current hashrate ATH signals robust network activity, the sustainability of this growth will depend on balancing regulatory demands with technological advancements and energy management strategies [1].

Source: [1] [Bitcoin Hashrate Hits New ATH, Mining Race Heats Up] [https://coinmarketcap.com/community/articles/688771f2846a6b74235337d8/]