Bitcoin Hashrate Recovers to 1.075 ZH/s After Sharp Mining Decline
Bitcoin's network hashrate climbed to approximately 1.075 zettahashes per second (ZH/s) on October 13, recovering toward the 1 ZH/s threshold after a sharp decline that pressured miners amid weaker profitability and rising operating costs. The recovery follows a prolonged downturn in 2026, although the network's computing power remains below levels recorded a year earlier.
Bitcoin Hashrate Rebounds Above 1 ZH/s
Crypto market researcher Zach Pandl highlighted signs of stabilization in Bitcoin's hashrate, pointing to a four-year chart showing the network's computing power rising above 1.1 ZH/s in late 2025 before retreating substantially during 2026.
Data from Blockchain.com compiled by YCharts showed the hashrate reaching approximately 1.075 ZH/s on October 13, up from 1.003 ZH/s a day earlier. The increase suggests a short-term recovery in computing power, but it does not establish that the mining sector has fully recovered.
The hashrate measures the computing power dedicated to securing the Bitcoin network. Its movements can reflect changes in mining activity as operators respond to electricity prices, equipment efficiency, Bitcoin's market price and other operating conditions.
Mining Profitability Drives Bitcoin Hashrate Decline
Weaker mining economics have been a major factor behind the decline. Bitcoin's price correction from its October 2025 peak reduced potential mining revenue, while high network difficulty and limited transaction fee income added pressure on operators.
A September mining report from CoinShares recorded a decline in Bitcoin's hashrate from approximately 1,160 exahashes per second (EH/s) in October 2025 to 850 EH/s by early February 2026. That represented a drop of nearly 27% over the period.
Mining profitability weakened further in June, when Bitcoin's hashprice — a measure of revenue generated per unit of computing power — fell to a monthly average record low of $27.70 per petahash per second per day.
At that revenue level, operators using older mining equipment faced greater difficulty covering electricity and other operating expenses. Less profitable facilities can respond by reducing operations, contributing to declines in the network's total computing power.
Electricity Costs Add Pressure on Bitcoin Miners
Higher electricity costs also contributed to the downturn. CoinShares identified rising power prices in Texas, temporary electricity curtailments and winter-related disruptions as factors that forced some mining facilities to scale back operations.
Bitcoin miners are also facing increased competition for energy and computing infrastructure from artificial intelligence operations. These pressures have added to the challenges facing operators already dealing with weaker Bitcoin prices and elevated mining costs.
The recent increase in hashrate offers a sign of stabilization, but the network remains below its earlier levels. Whether the recovery continues will depend in part on mining profitability and the operating conditions facing Bitcoin miners.
data source:u.today
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
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