Bitcoin Hashrate Climbs Back to a Seven-Month Peak

Bitcoin’s seven-day average hashrate has pushed above 1 ZH/s again, a level last seen on 3 March. The rebound comes even as several large listed miners keep shifting rigs toward AI workloads.

Smaller operators are filling the gap by buying second-hand machines from the public miners and hosting them in Texas and Paraguay, including Antminer S21 XP units.

On 16 October difficulty rose 5.92 %. BlocksBridge expects another 5.16 % jump at the next adjustment, lifting the metric roughly 11.4 % in two weeks.

CryptoQuant CEO Ki Young Ju called the higher hashrate a bullish signal, arguing that stronger compute power improves network security and Bitcoin’s fundamentals as a store of value.

Based on information from cryptonews.net