Bitcoin Hashrate Breaks Historic Barrier, Surpasses 1 Zetahash Per Second for the First Time
In a landmark moment for the world’s leading cryptocurrency, the Bitcoin network’s hashrate has officially surpassed the 1 Zetahash per second (ZH/s) threshold for the first time in its 16-year history—signaling unprecedented levels of computational power securing the blockchain.
According to blockchain analytics platforms including Mempool.space and BTC Frame, the hashrate peaked between 1.02 and 1.025 ZH/s during the first week of April. Data from Coinwarz suggests Bitcoin may have first touched the milestone as early as March 24, reaching as high as 1.1 ZH/s at block height 890,915. However, following this surge, the network’s hashrate dipped below 0.95 ZH/s on April 7.
Varying Data, Same Trend
Disparities in reported figures reflect the complexities of estimating hashrate—a metric influenced by variables such as block discovery times, network difficulty, and data sampling methodologies. Some models use shorter timeframes or fewer data points, which can lead to fluctuating readings. As analyst Mitchell Askew of Blockware Solutions notes, raw hashrate figures can be misleading due to inherent randomness in block production. Instead, longer-term metrics like the 30-day moving average—currently near 0.845 ZH/s—provide a more stable view of network strength.
A Milestone in Network Security
Despite variations in measurements, the consensus remains: crossing the 1 ZH/s mark is a major achievement. The figure—equal to 1,000 exahashes per second—represents a staggering increase from 1 EH/s recorded in early 2016, illustrating exponential growth in Bitcoin’s security and resilience.
Such a high hashrate significantly bolsters the network’s defense against potential attacks, including the much-feared 51% attack. The expansion also reflects growing decentralization, with more participants contributing computing power to verify transactions and maintain consensus.
Industrial Mining Expands
The surge in hashrate has been closely tied to increased industrial-scale mining. Leading firms such as MARA Holdings, which operates over 50 EH/s in hashpower, and major mining pools like Foundry USA and AntPool, continue to ramp up operations. Publicly traded companies including Riot Platforms, Core Scientific, CleanSpark, Hut 8 Mining, and TeraWulf have also emerged as key players in the global mining landscape.
“Miners are doubling down: expanding sites and plugging in more efficient machines,” said Askew, noting that rising competition could edge out operators relying on outdated equipment unless Bitcoin prices recover.
Hashrate Climbs Amid Market Uncertainty
This record-setting hashrate comes at a time of notable market turbulence. Bitcoin’s price has slipped nearly 10% over four days, currently hovering around $78,750. The drop coincided with broader economic unease, as U.S. equity markets saw an estimated $6.6 trillion wiped out in early April—their steepest two-day loss since 1987’s Black Monday.
Analysts have partially attributed the market downturn to proposed trade policies from former U.S. President Donald Trump, which have reignited fears of a potential recession.
While the price of Bitcoin may be experiencing a correction, the network’s growing hashrate tells a different story—one of resilience, maturation, and accelerating infrastructure investment.
With Bitcoin approaching its next halving event and navigating uncertain macroeconomic terrain, its technological foundations appear stronger than ever.
