Bitcoin's single-day hash rate reached a historic high of 1.279 ZH/s

ChainCatcher news, according to Decrypt, data from the mining data platform CoinWarz shows that Bitcoin's daily hash rate has reached a historical high of 1.279 ZH/s, despite the asset's price remaining relatively stable over the past 24 hours.

The seven-day moving average of Bitcoin's hash rate has also reached a high, breaking through 1 ZH/s during this period. Although miners continue to face rising energy costs and decreasing rewards, the hash rate continues to rise. Since last year's "halving," miners' earnings have dropped from 6.25 bitcoins to 3.125 bitcoins. Miners typically rely on rising Bitcoin prices to cover costs, but the asset's price has been volatile, prompting some large miners to venture into high-performance computing.