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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

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    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

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    7 Classic Video Games That Defined Their Consoles

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    How ‘MapleStory N’ Is Fighting Back Against Thousands of Hackers

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    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

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    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

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    Crypto Casinos Made Over $80 Billion in 2024

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    A16z-backed Spekter Games founder shares Telegram gaming ethos

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    How Mobile Apps Are Quietly Adopting Web3 Tech

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    Polyhedra Network launches Proof Cloud in open beta

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  • AI
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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

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    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

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    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

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    What Is Crypto Staking? How to Earn Crypto by Holding It

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    What Are Liquidity Pools? A Guide to DeFi Explained Simply

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    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

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  • Analysis
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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

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    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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  • Guides
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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

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    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Bitcoin Hashrate Hits Record 808 EH/s on New Year’s Eve

January 2, 2025
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Bitcoin Hashrate Hits Record 808 EH/s on New Year’s Eve
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Much like the end of 2023, when Bitcoin broke records with its transactional volumes and hashrate, the cryptocurrency rang in New Year’s Eve with a bang. The network’s computational power hit a jaw-dropping peak of 808 exahash per second (EH/s), smashing through previous limits.

READ ALSO

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From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining

From 948,000 H/s to 808 Quintillion: Bitcoin’s 16-Year Evolution in Mining Power

Bitcoin’s hashrate enters 2025 at a blistering pace, setting the stage for yet another groundbreaking year. Data from hashrateindex.com reveals that the seven-day simple moving average (SMA), widely regarded as the most accurate gauge of network performance, hit a staggering 808 EH/s on Dec. 31, 2024.

This milestone surpasses the previous high of 805-806 EH/s, set just weeks earlier on Dec. 14. The three-day SMA reveals that Bitcoin’s network climbed to an impressive 836 EH/s. This increase coincided with a 1.16% uptick in mining difficulty at the close of the year, reaching 109.78 trillion. The adjustment further raises the challenge for miners seeking to unearth block rewards.

As of Jan. 1, 2025, Bitcoin’s computational power stands at 799.99 EH/s, supported by 62 unique mining pools operating today. Throughout 2024, miners collectively added 262 EH/s to the network’s strength. Soon enough, Bitcoin will celebrate its 16th anniversary on Jan. 3, 2025. The network started its journey with a modest 948,000 hashes per second (H/s) dedicated to mining BTC—a figure that has since skyrocketed to an extraordinary eight hundred eight quintillion hashes.

See also  Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop

Bitcoin’s continuous expansion in hashrate signals an enduring trend of growth, pushing boundaries in both its network power and mining challenges. As the cryptocurrency ecosystem evolves, its core network continues to show resilience, adapting to both new technological advancements and increasing difficulty levels. The pace at which miners are contributing to the network’s computational strength reflects a commitment to the ongoing success of Bitcoin and its infrastructure.

This milestone exemplifies not just the network’s growth but also the adaptability of the global mining community. Looking forward, Bitcoin’s trajectory suggests even more significant achievements on the horizon. As the network continues to reach new heights, both the challenges and rewards associated with mining are set to intensify.

For instance, every four years miners will deal with a 50% cut in revenue. The record-breaking computational power and the increasing difficulty are a clear indicator of Bitcoin’s maturing market. With its anniversary approaching, the cryptocurrency is poised to enter 2025 with formidable momentum, positioning itself for another year of impactful growth and technological advancements.

Tags: BitcoinEHsEvehashratehitsrecordYears

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