Bitcoin 7-Day Average Hash Rate Reaches 1 Zettahash for First Time

The milestone marks the first recorded instance of Bitcoin’s seven-day average network hash rate reaching the zettahash level.

BTC

Summary

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Terms & Concepts
  • Network hash rate: The total number of hashing computations performed per second by miners on a blockchain, such as Bitcoin.
  • Zettahash (ZH/s): A unit of hash rate equal to 10^21 hashes per second.
  • Seven-day average: A moving average that smooths short-term fluctuations by averaging values over the previous seven days.