As bitcoin's valuation languishes near its weakest point since last year—with hashprice, the projected daily earnings for one petahash per second (PH/s) of mining capacity
Bitcoin’s hashrate, a measure of the network’s computational power, has hit a historic peak of 921.06 exahashes per second (EH/s) despite the cryptocurrency’s valuation languishing near its weakest point since last year, according to data.
Bitcoin Hashrate Hits Historic Peak Amid Price Plunge
Bitcoin’s price has been weak in recent times, with its hashprice, or the projected daily earnings for one petahash per second (PH/s) of mining capacity, currently at around $40.
This period has proven challenging for bitcoin miners, encountering a substantial decline in earnings. On April 2, coinciding with former President Donald Trump’s announcement of expansive trade tariffs, hashprice stood at $48.45, which has since cascaded to its current level of $40 per PH/s.
Furthermore, the mining difficulty metric experienced a 6.81% increase just four days prior at block 891,072, settling at an unmatched difficulty of 121.51 trillion.
Conventional wisdom suggests that such a scenario—with BTC’s value depreciating, miner income shrinking, and operational demands increasing—would lead to a reduction in global computational output.
However, the opposite has occurred. Bitcoin’s hashrate has defied gravity, reaching an unprecedented apex on Tuesday, April 8, according to seven-day simple moving average (SMA) data from hashrateindex.com. The metric briefly touched 926 exahashes per second (EH/s), coming close to the 1 zettahash (ZH/s) threshold.
By 9:30 a.m. ET on Wednesday, it had decreased slightly to 921.06 EH/s, still remaining close to its peak. Block intervals have remained close to the anticipated ten-minute norm, and while the upcoming difficulty recalibration on April 19 appears to be minimal, there is still potential for volatility.
Meanwhile, transactional activity across Bitcoin’s blockchain has resulted in a period of low-used blocks and reduced fee pressure. Currently, high-priority transactions are being processed at a rate of 2 satoshis per virtual byte (sat/vB), which is equivalent to about $0.22 per transfer, as demand remains low.
Over the past day, fees accounted for 1.32% of miners’ total rewards, highlighting the slim profit margins in the ecosystem. However, the network’s mining power continues to rise to new heights.
The above is the detailed content of Bitcoin Hashrate Hits Historic High Amid Price Plunge. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

As the world's leading cryptocurrency exchange, OKX provides a safe and reliable trading environment and a rich variety of digital assets. 1. Visit the official website www.okx.com to download the application; 2. Select the Android or iOS version according to the device; 3. Install the application and complete registration or login; 4. Enable two-factor verification to ensure account security. The platform supports spot trading, leveraged trading, contract trading, DeFi, OKX Earn financial management and NFT market.

To obtain the official correct address of the Ouyi Exchange APP, you need to go through the following three official channels: 1. Download the official website, visit the official domain name [adid]fe9fc289c3ff0af142b6d3bead98a923[/adid] and download the corresponding system version; 2. Follow the official social media account to obtain the latest download information; 3. Contact the official customer service to confirm. At the same time, users should be alert to phishing websites, check domain names, install antivirus software, enable secondary verification and avoid leakage of personal information to ensure account security.

Gate.io is a safe and reliable digital asset trading platform, and users should access it through their official address to avoid security risks. To ensure the security of your account, please use a secure network environment, enable two-factor verification, change your password regularly, beware of phishing websites and fraudulent information, and check the official email address. Gate.io provides a wide range of transaction types, contract trading, financial management and lending, Startup's first release platform, independently developed GateChain public chain, multiple security guarantees, 7x24-hour customer service support, and a fully functional mobile app. To start using Gate.io, you can access its official website to register an account, complete real-name authentication, top up and start trading.

Choosing a reliable cryptocurrency trading platform is crucial to ensure transactions are secure, reduce costs and enhance the experience. The top ten exchanges in 2025 include: 1. OKX, with powerful technology and a variety of trading methods; 2. Binance, large trading volume and perfect ecology; 3. Huobi, focusing on compliance and user expansion; 4. Coinbase, suitable for novices; 5. Kraken, high security and low fees; 6. Bitfinex, aimed at professional users; 7. Bybit, focusing on derivatives; 8. KuCoin, rich currency; 9. Gemini, strict supervision; 10. Gate.io, providing innovative products. When choosing, you should pay attention to security, transaction volume, handling fees, currency, user experience, customer service and compliance.

Cryptocurrency traders should choose a safe and reliable and versatile trading platform to ensure asset security and trading efficiency. 1. OKX: a global leading platform, providing a variety of trading methods such as spot and contracts, and supporting convenient registration and identity verification processes; 2. Binance: is known for its low fees and rich currency, suitable for global users; 3. Huobi: has a long history, high security, and diverse products; 4. Coinbase: has a friendly interface and strong compliance, suitable for beginners; 5. Kraken: is known for its professionalism and transparency; 6. KuCoin: has a rich currency and provides a variety of reward plans; 7. Bitfinex: is aimed at professional users, providing leveraged trading; 8. Gate.io: Innovative products and

Choosing the right virtual digital currency trading platform is crucial. The top ten mainstream platforms recommended include OKX, Binance, Huobi, Coinbase, Kraken, Bitfinex, Gate.io, KuCoin, Bybit and MEXC. 1. OKX provides a wide range of trading products and financial products; 2. Binance is known for its low fees and strong trading engine; 3. Huobi supports a variety of trading services such as spot and contracts; 4. Coinbase is suitable for beginners; 5. Kraken is highly secure; 6. Bitfinex has good trading depth; 7. Gate.io has a friendly user interface; 8. KuCoin supports a variety of small currencies;

The top ten exchanges in 2025 include: 1. OKX, leading with technical strength and diverse trading methods; 2. Binance, famous for its rich currency and large trading volume; 3. Huobi, focusing on compliance and expanding the ecosystem; 4. Coinbase, a user-friendly platform suitable for beginners; 5. Kraken, recognized for security and low fees; 6. Bitfinex, an advanced tool for professional traders; 7. Bybit, focusing on derivatives and high leverage trading; 8. KuCoin, providing a wide range of currency options; 9. Gemini, emphasizing regulatory compliance and institutional services; 10. Gate.io, covering multiple transactions

When choosing a reliable cryptocurrency trading platform, you must give priority to security, fees, currency and functions. The top ten reliable platforms in 2025 include OKX, Binance, Huobi, Coinbase, Kraken, KuCoin, Bitfinex, Gemini, Bitstamp and Crypto.com. They each have their own characteristics. For example, OKX provides a variety of transaction methods and focuses on security; Binance is known for its low handling fees; Coinbase is suitable for beginners; Kraken and Gemini emphasize compliance and security, etc. When choosing, you should consider the following five points: 1. Security: Check whether you have dual-factor certification, cold storage and other measures; 2. Transaction fees: Compare the rates of different platforms and