The hashrate of the Bitcoin network reached a high of 400 exahash per second (EH/s) on March 23, 2023, equating to 0.4 zettahash or four hundred quintillion hashes per second. Research analyst Sam Wouters at River Financial estimates that Bitcoin could reach the zettahash era, equivalent to 1,000 EH/s or one sextillion hashes per second, by the end of 2025 at the current growth rate.
The increase in hashrate could be due to factors such as unused inventory going online, new models becoming available, more facilities becoming operational, and clever entrepreneurs finding low-cost sources before regulators intervene.
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