Overview
- Hashrate Index reports a 5.8% quarter-over-quarter drop to roughly 1,004 EH/s, as Bitcoin’s price slide drove hashprice to a record low near $27.89 per PH per day and pushed about 252 EH/s of older rigs offline.
- Iran’s mining capacity fell about 77% to around 2 EH/s, with an estimated 427,000 machines shut down, yet the global network stayed near 1,000 EH/s.
- The United States, Russia and China still control about 65% of mining power, while Paraguay at 4.3% and Ethiopia at 2.5% gained share on cheap hydroelectricity.
- Bitcoin’s design adjusts mining difficulty roughly every two weeks to keep block times near 10 minutes, which helps the network absorb local outages without service breaks.
- In Washington, the Mined in America Act seeks to onshore ASIC production and create a Strategic Bitcoin Reserve, as some operators also steer new spending toward AI data centers.