The Bitcoin Network’s Hashrate Now Exceeds Six Exahash

The first week of July is showing the vast power of the Bitcoin network as miners are currently processing transactions at a whopping 5,808,727,020 GH/s. On July 1st miners pushed the hashrate up over six exahash per second reaching it’s highest point ever recorded. The mining ecosystem is far bigger than during the early days, as miners progressed from CPU mining, GPU mining, FPGA Mining, to giant warehouses filled with ASIC miners.
Furthermore, there are far more mining pools today, as there are currently 24 known pools taking a portion of the hashrate pie. Things are quite different than the early days when one single bitcoin enthusiast like Artforz captured a significant portion of the network’s hashrate. People also often forget when the mining pool Ghash.io passed the 51 percent mark in 2014, as pools in 2017 are more diversified than ever before. Only three pools command more than ten percent of the hashrate while the other 21 pools process less than ten percent.