Bitcoin Hashrate Cools After Record as Difficulty Bites
Main Idea
Bitcoin's hashrate has decreased from a record high of 976 EH/s to around 900 EH/s, influenced by a recent difficulty increase, while mining revenue per PH/s has slightly risen.
Key Points
1. Bitcoin's hashrate peaked at 976 EH/s four days ago but has since dropped to approximately 900 EH/s.
2. The decline coincides with a 1.42% difficulty increase at block height 909216.
3. Estimated revenue per PH/s has increased by 2.55%, from $57.30 to $58.76, though it remains 4.72% below the July 14 peak of $61.67.
4. Block intervals are currently slower than the 10-minute target due to the lower hashrate.
5. An estimated 9.64% reduction in mining difficulty is projected for the next retarget on Aug. 24, 2025.
Description
Four days ago, Bitcoin’s hashrate hit an all-time high of 976 exahash per second (EH/s), but it has since cooled, settling in the 900 EH/s range. Mining Metrics Flash Mixed Signals as Block Times Stretch to 11:04 On Aug. 8, 2025, the network’s computing power reached a whopping 976 EH/s based on the seven-day simple
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