Bitcoin Has Hashrate Rebound at Triple Bottom
Bitcoin's hashrate rebounded from a triple bottom at 850M TH/s, a level it dipped to three times in recent weeks. The network's total computational power surged to 915 EH/s on September 8, after reaching 853 EH/s the previous day.
This recovery marks a significant milestone for miners, who have been struggling with high electricity costs and competition from new buyers of cheap power. The hashrate peaked at approximately 1.15 ZH/s in October 2025, but hasn't touched that level in over 300 days.
The recent disruption was triggered by severe winter storms across the US, which caused a roughly 20% crash in early 2026. Miners are still operating about 20% below their all-time high, despite the rebound.