On a Friday afternoon, after ramping up to 970 exahash per second (EH/s) the previous day, Bitcoin’s computational might flexed even harder, reaching 976 EH/s-just a stone’s throw from the mind-boggling 1 zettahash per second (ZH/s) barrier.
Bitcoin’s Mining Might: It’s All About the Gains 💪
The hashrate kept climbing, and just ten blocks before the network’s next difficulty adjustment, it hit 976 EH/s based on the seven-day simple moving average (SMA), according to hashrateindex.com metrics. Imagine a digital gym where the weights keep getting heavier, but the lifters keep getting stronger. That’s Bitcoin for you.
The seven-day SMA metric smooths out the short-term wobbles by averaging data over the set period, making it easier to spot the real trends. After all, trying to pinpoint the exact hashrate is like trying to catch a unicorn with a fishing net-it’s not going to happen.
The seven-day SMA has become the industry’s go-to measure, providing a standardized snapshot that keeps everyone on the same page. For instance, the three-day SMA makes Bitcoin look like it’s bench-pressing a small moon, showing that the network briefly hit 1 zettahash between Aug. 5 and 6 this week.
At 2:05 p.m. Eastern time, the live read-out was 972 EH/s, with Foundry leading the pack with a whopping 278 EH/s-that’s 28.64% of the total. Antpool takes second place, handling 18.1% of the hashrate with over 175 EH/s, while Viabtc follows with 128 EH/s (13.25%). F2pool rounds out the top four, contributing just over 100 EH/s, or 10.35% of the network.
In fifth place, Spiderpool powers through at 83 EH/s, claiming 8.5% of Bitcoin’s collective computing muscle. If this trend continues, we might see the 1 zettahash milestone breached sooner rather than later, which could redefine industry standards and cement Bitcoin’s reputation as the most secure and resilient blockchain on the planet.
Bitcoin’s ascent toward the 1 zettahash mark (1 sextillion hashes per second) is a pivotal moment for the network, signaling the vast resources now dedicated to its security. If the growth continues at this pace, the milestone could soon be surpassed, solidifying Bitcoin’s position as the heavyweight champion of the digital world.
Such intense computational power also highlights the fierce competition among mining pools, where efficiency and scale are key to staying on top. As leading players continue to ramp up their contributions, the race for hashrate dominance could drive new investments in hardware, energy sources, and global mining infrastructure, reshaping the balance of power in the bitcoin mining arena. It’s a digital arms race, and the stakes have never been higher. 🚀
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2025-08-08 22:38