According to data from the CoinWarz platform, on January 3 hashrate Bitcoin's computing power, or the total computing power that secures the Bitcoin network, has reached a new record high of 1000 exahashes per second (EH/s).
This is almost twice as much as a year ago. In January 2024 hashrate Bitcoin was almost 510 exahash per second.
This rapid growth in total computing power indicates that miners continue to increase their output of the leading cryptocurrency. This is happening even after the block reward was reduced from 6,25 BTC to 3,125 BTC following the halving in April.
In addition, last year, mining companies began accumulating bitcoin on their balance sheets. For example, Marathon, Riot, and CleanSpark own BTC assets worth $4,4 billion, $1,7 billion, and $910 million, respectively, according to BitcoinTreasuries.net.
Organizations that own Bitcoin
The growth of Bitcoin's hashrate, and therefore the increase in blockchain security, is especially important now, when large investors are actively investing in exchange-traded funds based on the flagship cryptocurrency.
According to Bloomberg Intelligence, in November the volume of net assets bitcoin ETF exceeded $100 billion for the first time. Experts from investment company Sygnum expect that the inflow into BTC funds will accelerate even more in 2025, as large investors, including sovereign wealth funds, charities and pension funds, plan to increase investments in Bitcoin .
