Bitcoin’s brute calculation engine covered the hashrate at 1,107 EH/s, jaw-dropping, as the network is packed into an incredible 111 exas hash (EH/s) in just eight days. Whatever moves this beast, it pushes the network into unknown territory.
Behind the hashrate curtain: new rig suggests a mining revolution
The Bitcoin grind has become more severe than ever. The network’s difficulty has recently reached a record 142.34 trillion, but mining revenues have slipped and hashed is less per petahash than a month ago. The muscles are growing, but the pay seems to be wasteful.
Bitcoin hashrate has become muscular to 1,107 EH/s over the 7-day Simple Moving Average (SMA) – YEP, according to total hashrate rate data from HashrateIndex.com. That’s a paradox. The difficult person is cranked to the ceiling, and miners’ incomes are thinning, but hashrate rockets are even higher.
It denies the shiny new herd of silicon stallions running into the rack, kicking the hashrate overdrive. The latest generation of mining rigs, which were faster and more lean than their predecessors, are almost certainly the muscle behind the sudden Zettahash level flex of the network.
Efficiency here is more than just a buzzword. It’s the edge where miners can squeeze more hash out of every watt. The explosive climb of hashrates is not a mysterious spike, but a shiny hardware calling card, humming at ferocious speeds and rewrites the baseline of a Bitcoin calculation fireplace.
Over the past year, mining Titans such as Bitmain, Microbt, Canaan, Auradine and Block have unlocked a new kind of application-specific integrated circuit (ASIC) that will make older models look like bone que products. The efficiency of Joules per Terrahash has been reduced, and one of these new monsters cranks a full peta hash per second.
Bitcoin mining has officially passed into a new chapter in which enterprise-class rigs rewrite rules. Increased efficiency is incredible, power is merciless and competition is merciless. The era of Terahash and Exahash is becoming history. Today miners are at risk of exploiting these silicone beasts or being trampled by hashrate stampedes that show no signs of slowing down.
