Skip to content Skip to sidebar Skip to footer

Bitcoin Hashrate Reaches Record 840 EH/s Despite Price Dip Below $100K

Bitcoin hashrate

Bitcoin hashrate hit a record 840 EH/s on Feb. 3, 2025, despite BTC falling below $100K. With mining difficulty set to adjust on Feb. 8, the network moves closer to the 1 ZH/s milestone.

Bitcoin Hashrate Reaches Record High Amid Market Dip

Bitcoin’s computational power surged to an all-time high of 840 exahashes per second (EH/s) on Feb. 3, 2025, even as the cryptocurrency’s price fell below $100,000. According to data from HashrateIndex.com, the hashrate remained at 837.25 EH/s as of noon ET, marking a significant milestone for the Bitcoin network.

Bitcoin Hashrate Reaches Record 840 EH/s Despite Price Dip Below $100K

Hashrate Strengthens as Mining Difficulty Adjusts

The spike in hashrate coincides with a 2.12% decrease in mining difficulty, allowing miners to process transactions more efficiently. As a result, average block intervals have shortened to 9 minutes and 17 seconds, accelerating Bitcoin’s network performance. However, this efficiency could lead to an increase in mining difficulty at the next retarget on Feb. 8, 2025.

Mining Revenue and Hashpower Expansion

Despite the higher hashrate, hashprice a measure of mining profitability declined from $59-$60 to $58.19 per PH/s. This drop followed a BTC price dip to $91,530 on Feb. 2, largely attributed to ongoing debates over the Trump administration’s tariff policies.

If current trends persist, mining difficulty could increase by 7.59% during the next adjustment. The Bitcoin network now operates at 0.84 zettahashes per second (ZH/s), inching closer to the 1 ZH/s threshold a landmark that signals the next stage in Bitcoin’s computational evolution.

The Road to Zettahash Mining

Reaching 840 EH/s means the network is now processing 8.4 sextillion hash functions per second, an unprecedented level of security and efficiency. As Bitcoin’s mining power expands, industry analysts are closely monitoring the upcoming difficulty adjustment and potential market reactions.

Stay updated on Bitcoin’s mining trends and network developments by following live data from HashrateIndex and other mining analytics platforms.