Bitcoin's computing power hits record highs, reaching 862 EH/s as mining revenues fall

Bitcoin's computing power reached a record high of 862 exahashes per second (EH/s) on Friday, surpassing the previous high of 852 EH/s set in early February.

Bitcoin Network Resources Are Being Activated

On March 28, the overall network processing speed increased to 862 EH/s, beating the previous figure by a decisive 10 EH/s. Data from hashrateindex.com, which tracks seven-day simple moving averages (SMAs), shows that as of 10:30 AM ET, the system is currently running at 857.77 EH/s, maintaining a steady and strong pace since its last achievement.

Bitcoin's total hashrate over the last 12 months. Source: hashrateindex.com

Bitcoin’s latest computational milestone comes as the current difficulty level stands at 113.76 trillion — a figure that’s slightly off the 114.17 trillion peak recorded seven weeks ago. Forecasts now suggest that the expected difficulty adjustment, set to occur around April 5, 2025, could increase by around 5.33%, potentially pushing it above the previous all-time high.

However, these forecasts remain fluid, depending on fluctuations in network activity until the next algorithm recalibration. The increase in computing power comes as Bitcoin miners’ income has declined as the price of BTC has fallen. Two days ago, the hash rate — or the estimated value of one petahash per second (PH/s) — was $50.27; today, it is $47.11 per petahash.

The question now is: how might this computational momentum evolve as the value of Bitcoin declines and the network prepares for the expected increase in difficulty?

Source: cryptonews.net