Bitcoin Hashrate
Hashrate is the total computing power miners have connected to the Bitcoin network - the most direct proxy for the network's security against brute-force attacks and for the mining industry's total economic investment in the network.
This chart shows real data up to September 27, 2026. The live value is free on Cedvel - no subscription needed.
Source: difficulty_hashrate (bitview.space / Bitcoin Research Kit)
What is it?
The total computing power miners have connected to the Bitcoin network - the most direct proxy for the network's security against brute-force attacks and the mining industry's total economic investment in the network.
How is it calculated?
Cannot be observed directly - it's statistically backed out from the average block-finding time and the current difficulty value.
How to read it
A hashrate that rises over the long term signals that mining remains profitable and the industry keeps investing in the network - a sign of network security. Sudden/sharp drops (e.g. regional power outages, regulatory bans) can point to a real short-term cut in miner capacity.
Things to watch out for
Short-term fluctuations are generally noisy (statistical estimation uncertainty) - weekly/monthly averages are more reliable for interpretation than a single day's value.
Historical usage
With a few exceptions (short-lived shocks like regional power outages or regulatory bans), hashrate has historically followed a persistently rising curve over the long run - a sign that mining has stayed profitable and the industry keeps investing in the network.
Frequently Asked Questions
How is hashrate measured?
It can't be observed directly - it's statistically backed out from the average block-finding time and the current difficulty value.
What does a drop in hashrate mean?
Sudden/sharp drops (like a regional power outage or a regulatory ban) can point to a real short-term cut in miner capacity. Short-term fluctuations are usually statistical estimation noise - weekly/monthly averages are more reliable.
What's the difference between hashrate and difficulty?
Difficulty is a protocol parameter that REACTS to hashrate (auto-adjusted roughly every 2 weeks) - when hashrate rises, difficulty rises, and vice versa. Hashrate shows raw computing power; difficulty shows the protocol's delayed response to it.