Bitcoin Hashrate Hits Record 1.44 ZH/s, Boosting Network Security

Bitcoin’s hashrate has reached a new all-time high of 1,441 zettahashes per second, signaling growing miner confidence and strengthening the network’s security. Analysts say the surge is a bullish sign for Bitcoin’s long-term resilience.

Record-Breaking Hashrate

Data from CoinWarz shows that Bitcoin’s hashrate hit 1,441 ZH/s on September 20, up from the previous record of about 1,004 ZH/s in August. TradingView charts indicate the 7-day moving average has also stabilized near 1,1 ZH/s, underscoring sustained growth.

Higher hashrates mean the network is harder to attack, as more computational power is securing Bitcoin. Crypto Patel noted that “high hashrate = stronger security + growing miner confidence,” reinforcing the positive outlook.

What Drives the Increase?

The rise is attributed to miners deploying more powerful rigs, optimizing operations, and investing in better energy sources. Historically, hashrate surges have been linked to hardware upgrades and shifts in mining geography. A major example came in 2021 when China’s mining ban pushed operations to the U.S. and other regions, redistributing hash power and fueling growth.

While stronger hashrates bolster network security, they also increase energy consumption. Researchers have proposed dynamic reward models, such as those outlined in the Targeted Nakamoto paper, to balance security gains with environmental impact.

Impact on Miners

Higher hashrates don’t always translate into higher profits. A ScienceDirect study shows that despite stronger networks, miner revenue can stagnate or fall due to electricity costs, hardware depreciation, and tighter margins after halving events. Smaller operators are often hit hardest as difficulty adjustments raise competition.

Even so, the hashrate milestone highlights Bitcoin’s resilience. For both long-term participants and new entrants, the record confirms that the network’s foundation is more secure than ever.