Bitcoin's computational power has surged to unprecedented levels, with the 7-day average hashrate reaching 942 EH/s and a new peak of 955.75 EH/s recorded between July 27-28, 2025. This positions the network within striking distance of the 1 zettahash milestone (1,000 EH/s) and approaches June's all-time high of 943.6 EH/s.
The recovery follows a significant dip to 796.2 EH/s on June 28th, driven by mining expansions in North America and Central Asia. Major players like Core Scientific and Cipher Mining are leading infrastructure growth, integrating AI capabilities while expanding operations. This expansion persists despite Bitcoin's recent price consolidation and a record-high mining difficulty of 127.62 terahashes, which requires miners to continually increase power to maintain revenue share.
Historically, hashrate surges correlate with bullish price action, evidenced by Bitcoin's current price of $118,900 (up 2% post-milestone and 1% weekly). The intensified mining competition substantially enhances network security but coincides with an 8.7% drop in trading volume, signaling cautious market sentiment. As industry expert Romain Max noted: "Bitcoin’s evolving infrastructure continues to redefine the financial landscape."