Bitcoin (BTC ($105,470.00)) 
$96,638 recently achieved a historic milestone by surpassing a hashrate of 1 zetahash per second for the first time, as reported by CoinWarz. This significant achievement, occurring on January 2 at approximately 02:00 UTC, indicates a new level of security and resilience for the blockchain network.
Mining Revenues Fluctuate but Remain Strong
The Bitcoin block reward halving event in April 2024 led to a substantial decline in mining revenues. Prior to the halving, mining revenues were around $2 billion in March; by September, this figure plummeted to $815 million. This drastic drop put many miners under financial strain, resulting in a decrease in hashrate to 521 EH/s by July.
Bitcoin HashrateHowever, the hashrate quickly rebo...
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