The computing power (hash rate) of the Bitcoin (BTC) network has grown from 6,290,000 hashes to 295,000,000,000,000,000,000 over 13 years.
Bitcoin hash rate has grown by 4 trillion percent in 13 years.
Hash rate is the total computing power of the Bitcoin network. Mining complexity determines how much computing power is required to find new blocks in the blockchain. The settings are changed every block since 2016, or about once every two weeks. Because of this, it takes about 10 minutes to find a block.
Bitcoin hash rate
Bitcoin is a network with unprecedented growth in computing power in modern history. In 13 years, Bitcoin’s hash rate has grown by 4 trillion percent. In 2009, the network’s capacity was less than 6.3 million hashes, but now it is 229 hashes per second, or 229 trillion hashes. Since the complexity change on September 27th, this figure has more than doubled to 295 trillion hashes.
The mining difficulty is about 32 trillion hashes. The average block mining interval is below average at 9 minutes rather than the standard 10 minutes. A bug fix is scheduled for October 11th.
Cumulative hash rate Bitcoin
All state mining companies plan to further increase their hashrate and increase their capacity to around 17 EH/s by the end of the year. According to experts, the cumulative hashrate of the entire Bitcoin network can increase to 270-280EH/s.