Bitcoin (BTC) Hashrate Reaches 836 EH/s, Nearing Its Historical Peak

Bitcoin's hashrate has been on the rise in recent days, climbing by 40 exahash per second (EH/s) over the past five days.

Bitcoin's hashrate has been steadily increasing in recent days, adding 40 exahash per second (EH/s) over the past five days. By March 25, 2025, the network's hashrate reached 836 EH/s, bringing it closer to its historical peak.

This surge in hashrate has also led to a rise in hashprice, which measures the estimated daily earnings from one petahash per second (PH/s) of computational power. As of March 25, hashprice was around $49.57, a significant increase from the previous week when it stood at $46.21.

Bitcoin Miners Experience Improved Earnings

Miners are now earning more per unit of hashing power, which could be attributed to the recent surge in Bitcoin's price. This increase in miners' earnings is evident in the relatively small contribution of transaction fees to miners' total revenue. Over the past 24 hours, transaction fees accounted for only 2.14% of miners' income, while the remaining majority came from freshly mined Bitcoin blocks.

The high volume of unconfirmed transactions, which reached 48,116 at 6:30 p.m. Eastern Time on March 25, is a factor that contributes to the demand for blocks and, consequently, hashrate. Transaction fees have also risen slightly, with the current fee rate at 31 satoshis per virtual byte (sat/vB). This translates to a high-priority transaction fee of approximately $3.83.

Hashrate Nearing Record Levels

The significant increase of 40 EH/s in hashrate over five days is a noteworthy development. This addition brings the total hashrate to 836 EH/s, which is nearly double the hashrate of March 20, which was 796 EH/s.

This surge in hashrate is partly due to the 1.43% mining difficulty adjustment that occurred at block height 889,056 on March 23. The adjustment increases Bitcoin's mining difficulty to 113.76 trillion, placing it just below the all-time high of 114.17 trillion, which was reached six weeks ago.

The integration of new technologies, such as application-specific integrated circuits (ASICs), has also contributed to the increase in hashrate, ultimately amplifying the network's computational output.

As Bitcoin's price continues to climb, the network's hashrate is nearing its historical peak, and miners are seeing a boost in their earnings. However, the increase in difficulty and the fluctuating price of Bitcoin mean that miners must continually adapt to maintain profitability.

The next few weeks will be crucial in determining how miners navigate these changes and how the network will evolve. With the continued evolution of mining technology and the growing computational power of the network, the possibilities for Bitcoin's mining sector are sure to present both opportunities and challenges.

This article was originally published on CCIV and has been modified and republished with permission.

The post Bitcoin Hashrate Nears Record Levels as Miners See Boost in Earnings appeared first on Token Pulse.

The post Bitcoin Hashrate Nears Record Levels as Miners See Boost in Earnings appeared first on CCIV.

See original post on CCIV