The %Bitcoin (CRYPTO: $BTC) hashrate has risen 9% in recent days, hitting an all-time high in the process.
Hashrate measures the computational power used to secure the Bitcoin network through mining. Typically, a higher hashrate signifies greater network security.
In the past week, Bitcoin’s %Hashrate has risen to a record high 833 exahashes per second, according to data from Glassnode. That’s up nearly 10% in only a few days.
The latest hashrate increase continues a growth trend that has been ongoing for the past 18 months, driven largely by institutional investment in Bitcoin mining infrastructure.
Since Bitcoin underwent a halving event last April, which is when the available supply of the cryptocurrency is cut in half, the hashrate has increased by more than 40%.
The rise in hashrate has coincided with Bitcoin mining profitability remaining relatively flat or even declining.
Miners are earning less from transaction fees, making it harder for them to offset their operational costs.
Bitcoin is back trading at $100,000 U.S. as the threat of an escalating trade war between America and its neighbours eases. Bitcoin’s price has risen 6% so far in 2025.
