Bitcoin’s Brawn Flexes at 1,027 EH/s, Yet Miners Weep into Their Ledger Nanos 💰💔

On a Wednesday, as the sun dipped below the horizon with all the subtlety of a bankrupt aristocrat, Bitcoin’s hashrate soared to 1,027 exahash per second (EH/s). Another record, one might say, as predictable as a Waugh novel’s disdain for modernity. Four days prior, a fleeting dip had caused the crypto cognoscenti to clutch their pearls, but alas, the beast roared back with the ferocity of a spurned dowager.

Bitcoin’s Computational Cavalcade

Just as Bitcoin’s price now lounges above the $100,000 mark with the nonchalance of a Bright Young Thing at a country house party, the network’s computational prowess has been strutting about the 1 zettahash per second (ZH/s) threshold. Metrics, those tedious but necessary beasts, reveal a peak of 1,027 EH/s, according to the seven-day simple moving average (SMA) tracked by Luxor’s hashrateindex.com. A triumph, no doubt, for the digital proletariat.

Source: hashrateindex.com on Sept. 10, 2025. A graph as inscrutable as a Brideshead reunion.

On Sept. 2, the hashrate peaked at 1,013 EH/s before tumbling to 951 EH/s by Sept. 6. Since then, it has been galloping forward like a horse fleeing a burning stable, reaching a new zenith. As of 7:56 p.m. Eastern time, the computational juggernaut chugged along at 1,020.17 EH/s. Block intervals, those fickle creatures, have quickened their pace, with the average block time at 9 minutes 17 seconds. The network, ever the drama queen, sits 44% away from its next difficulty adjustment, scheduled for Sept. 18.

Source: hashrateindex.com on Sept. 10, 2025. Another graph, because one simply cannot have enough.

With block times sprinting like a debutante late for tea, the next adjustment promises to be as steep as the social ladder at a London ball, with estimates pointing to a 7.67% hike. Yet, with 1,100 blocks remaining in the epoch, the outcome remains as uncertain as a Waugh protagonist’s moral compass. As of Sept. 10, the leading 12 mining pools-Foundry USA, Antpool, ViaBTC, F2pool, Spiderpool, MARA Pool, Luxor, SEC Pool, Binance Pool, SBI Crypto, Braiins Pool, and Ocean Pool-continue their relentless dance for dominance.

Foundry leads the pack with 287 EH/s, while Antpool trails with a mere 159 EH/s. F2pool and ViaBTC contribute 125 EH/s and 119 EH/s, respectively, and Spiderpool adds 73 EH/s, a paltry 7.8% of the global total. Together, these five pools command 763 EH/s, or 74.44% of the overall hashrate. But while the hashrate ascends to Olympian heights, miner revenue has plummeted 8.39% in the past month. A tragedy, one might say, for the digital toilers.

Currently, 1 petahash per second (PH/s) of hashing power fetches a meager $53.10 per day. On Aug. 10, the hashprice stood at $57.96 per PH/s, meaning miners now earn $4.86 less for every PH/s. While Bitcoin’s computational might trumpets the network’s inexorable march forward, miner earnings reveal the grim underbelly of progress. Efficiency, that cruel mistress, demands her pound of flesh, leaving profitability to dangle by a thread. A balancing act, indeed, between technological advancement and the lean rewards of the mining sector. 🤑🔥

Read More

2025-09-11 11:39