The seven-day simple moving average reached 808 EH/s according to hashrateindex.com, surpassing the previous record of 806 EH/s set on December 14.
The network’s three-day average climbed even higher to 836 EH/s.
Mining difficulty increased 1.16% to 109.78 trillion in the year’s final adjustment. The network now comprises 62 unique mining pools, with miners adding 262 EH/s of computational power throughout 2024.
As Bitcoin approaches its 16th anniversary on January 3, 2025, the contrast in mining power is stark — from its initial 948,000 hashes per second in 2009 to today’s 808 quintillion hashes per second.
The network’s current hashrate stands at 799.99 EH/s as of January 1, 2025. This continuous growth in computational power comes despite the upcoming halving event, which will reduce mining rewards by 50%.
These metrics indicate sustained investment in Bitcoin infrastructure, though increasing difficulty levels and future reward reductions will likely impact profitability calculations.
Also Read — From code to currency: How Bitcoin mining works
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