Bitcoin’s hashrate just did something technical analysts love to see: it bounced off the same level three times and lived to tell the tale. The network’s total computational power climbed to 915 EH/s on September 8, recovering sharply from 853 EH/s recorded just one day earlier.
That 853 EH/s reading marked the third time in recent weeks that Bitcoin’s hashrate dipped to roughly 850 EH/s before snapping back upward.
A long way from the top
Bitcoin’s hashrate peaked at approximately 1.15 ZH/s back in October 2025. The network hasn’t touched that level in over 300 days, the longest such stretch below a prior peak in roughly a decade. Even after the rebound to 915 EH/s, the network is still operating about 20% below its all-time high.
What’s been dragging miners down
