Bitcoin Hashrate Surges Past 1 ZH/s Amid Falling Hashprice
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In a notable development within the cryptocurrency landscape, Bitcoin’s hashrate has rebounded to exceed 1,000 exahash per second (EH/s), translating to 1 zettahash per second (ZH/s), despite a downward trend in hashprice observed recently.
As of March 28, 2026, Bitcoin’s network operates at approximately 1.02 ZH/s, or 1,022 EH/s, which shows a significant increase from March 18, when the seven-day simple moving average was reported at 931 EH/s. This indicates that miners have contributed roughly 76 EH/s of additional computational power in just under two weeks.
Coinciding with this growth, a recent difficulty adjustment has resulted in a 7.76% decrease in mining difficulty. The next adjustment, expected on April 2, 2026, is projected to bring about a 6.43% increase in difficulty. The faster block generation rate, averaging one block every 9 minutes and 23 seconds over the past 24 hours, suggests miners are working through blocks more quickly than the established 10-minute target.
Currently, around 1,200 out of the required 2,016 blocks have been mined for the forthcoming difficulty change. Nevertheless, miner revenues remain constrained, as the hashprice peaked at $33.85 per petahash per second (PH/s) on March 25 but has since declined by 6.65% to $31.60 per PH/s, marking a drop of $2.25 within a three-day timeframe. Such figures reflect levels not seen since the early years of Bitcoin.
Presently, miners are netting approximately 3.14 BTC for each block mined, with transaction fees representing a mere 0.43% of the total block reward recorded during the last 24 hours. The fees have stabilized at around 2.4 satoshis per virtual byte (sats/vB), translating to roughly 0.000004 BTC, or about $0.27, per transaction.
These trends in hashrate and hashprice evoke insights into miner behavior, revealing that operators are opting to keep their machines operational, despite facing tighter profit margins. With block intervals consistently quicker than the 10-minute target, the anticipated difficulty adjustment on April 2 may further tighten revenue streams, as the transaction fees are inadequate to compensate for the reduced hashprice.
Miners appear to be making a calculated gamble, hoping for an improvement in conditions before being compelled to make economically driven decisions. This intricate balance showcases the resilience and strategic planning involved in Bitcoin mining today.
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