As Bitcoin prices consolidated after reaching an all-time high (ATH), the network’s computing power reached an all-time high, peaking at 943 exahashes per second (EH/s).
The global Bitcoin hashrate has reached a new high, with data showing a peak of 943 EH/s based on a seven-day simple moving average (SMA). The milestone was reached on May 31, just 22 days after the previous record of 929 EH/s, indicating a gain of 14 EH/s over the previous peak level of computing power.
Source: hashrateindex.com
What’s more, this milestone is just 57 exahashes shy of the 1 zettahash per second (ZH/s) threshold. That’s a huge amount of computational effort. While the hashrate has dropped slightly since June 1, it’s still impressive — reaching 934 quintillion hashes per second recorded on the Bitcoin blockchain as I write this at 5:02 p.m. ET on Sunday.
Some have previously claimed that this puts the network on par with the most powerful computing system on the planet, but direct comparisons to supercomputers are inherently difficult. Bitcoin hashing is based on integer operations, while supercomputers are measured in floating-point operations per second (FLOPS), an entirely different metric.
However, previous rough estimates have suggested that Bitcoin’s hashrate can perform significantly more operations per second than the world’s best machines, such as El Capitan, which boasts 1,742 exaflops — but again, any such side-by-side comparison is inherently flawed given the differences in the tasks. It’s like comparing poetry and mathematics, two fields with no common metric.
However, Bitcoin’s computing power is distributed around the world and operates non-stop — 24 hours a day, seven days a week. While hardware failures or outages can temporarily reduce the network’s computing power, this did not happen in 2025; instead, miners continually added more computing power to the system.
The latest spike comes as revenue per petahash has fallen 7.93% since May 29. At the time, the estimated revenue per petahash per second (PH/s) of hashing power was $56.99; today, that figure has fallen to $52.47. As the Bitcoin network approaches the zettahash frontier, the inexorable expansion of its computational footprint hints at both miners’ confidence and their technological ambitions.
While profitability figures may fluctuate, the steady growth in computing power points to a deeper story — one where efficiency is getting better over time. Despite operational efficiency, miners operate on very tight margins and are dependent on higher Bitcoin prices to offset the gains seen before the fourth halving last April.
Source: cryptonews.net
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