Bitcoin climbs were last locked up in early February, with the network’s raw processing muscles surged to a record 929 exahash (EH/s).
Minor Power Up: Bitcoin Network reaches record 929 EH/s
Bitcoin hashrates surged at around 3 EH/s above the 926 EH/s peak recorded on Tuesday, April 8, 2025, highlighting the stable top March, rather than the jolt of the day. On Friday, May 9, 2025, the tally settled near 924.78 EH/s at 10am after a temporary kiss on 929 EH/s, introducing almost endless machine hams from around the world.
Bitcoin hashrate 7-day simple moving average (SMA) according to HashrateIndex.com on May 9, 2025.
Miners are looking at thick margins as Bitcoin prices fatten the funds and reverse the more lear-like spells that preceded this rally. Hash Pris – A daily value spot estimate of 1 petahash per second for calculations – 37.83% arched shape, jumping from $40.04 to $55.18 per petahash in a few weeks.
They also enjoyed a breather on May 3rd. Mining difficulty slipped 3.34%, trimming the raw effort required to discover the block. Since that readjustment, the block has arrived at a 9-minute 33-second zippy 9-minute, faster than the 10-minute target. This could pave the way for another difficulty bump on May 17, 2025.
If the recent gains in calculation weight and miner revenue are any indication, the arms race to secure Bitcoin may be in a new phase of capital allocation and hardware improvements. Future difficulty pivots will test whether operators can maintain current momentum, or whether higher bars in the network will force another round of innovation, integration, and operational discipline between competing pools around the world.