Bitcoin Hashrate Shatters Records as Miners Enter Hyper-Competitive Phase

Bitcoin's backbone just flexed harder than ever—the hashrate blasted past its all-time high, signaling a mining arms race that’s turning the industry into a digital gold rush.

Why it matters: When miners pile in, security goes up—but so does the cutthroat competition for those 6.25 BTC block rewards (yes, Wall Street, that’s real money earned by solving math puzzles, not financialized vaporware).

The stakes: Every kilowatt-hour counts as operations scramble to upgrade hardware before the next halving turns weak hands into scrap metal. Meanwhile, institutional mining farms keep eating the little guys’ lunch—same as traditional finance, just with more ASICs and fewer suits.

Bottom line: The network’s never been stronger… and the miners? They’ve never been hungrier.

Top Pools Dominate Mining Landscape

According to the latest mempool data, Foundry USA is at the top of the leaderboard, with  302.50 EH/s and having mined 48 blocks. This gives them a 30.38% share of the network. In second place is AntPool with 170.16 EH/s and 27 blocks, followed closely by F2Pool, which has 157.55 EH/s and 25 blocks. ViaBTC managed to produce 20 blocks at a rate of 126.04 EH/s, while SpiderPool rounded out the top five with 10 blocks and 63.02 EH/s.

Each of these pools maintained nearly perfect health scores and reported no empty blocks. However, block fee revenues have dropped. ViaBTC saw the biggest fall, with average fees plunging by 20.95%.

Rising Hashrate Triggers Regulatory Pressure

According to Onesafe, a higher hashrate strengthens Bitcoin’s defense against attacks like the 51% threat. However, it also introduces new risks. The report illustrates that the better the mining, the more aggressive the competition becomes, with companies thus channeling more resources into hardware and energy. 

On the other hand, Europe, through MiCA, is putting special emphasis on energy consumption and sustainability issues. Henceforth, the mining companies are about to be upgraded to a level of stringent compliance with regard to emissions and transparency issues.

Also Read: Bitcoin Touches $120K, ethereum Eyes $4K After US-EU Tariff Deal