Update
Bitcoin Hashrate Returns to 1 Zettahash per Second
Bitcoin's computational firepower, measured by its network hashrate, has reclaimed the 1 zettahash per second (ZH/s) threshold. Miners worldwide are executing more than 1 sextillion calculations every second to safeguard the network and compete for newly minted bitcoin. The seven-day average hashrate recently surpassed 1 ZH/s for the first time since March 3, following a difficulty adjustment at block height 971712. Despite industry shifts towards artificial intelligence (AI), mining hardware advancements have provided miners with a competitive edge, with some models now operating below 10 joules per terahash (J/TH).