BTCHash Rate is expected to reach 1 ZettaHash per second before the next Halving event

PANews reported on January 3rd that the Hash Rate of BTC is expected to reach 1 Zettahash (ZH/s) per second, approximately 3.5 years before the next Halving event, putting pressure on miners to ensure access to cheap electricity and more efficient equipment. Even if the Hash Rate rises at a relatively stable pace of 20% per year, the average Hash Rate may reach this level by 2027, i.e., 1000 EH/s. According to Glassnode's data, since 2020, the Hash Rate has risen by an average of 65% per year, with the current seven-day moving average at about 787 EH/s. When reaching 1 ZH/s, Miners need to find more creative ways to maintain operations and adapt to a more challenging market. In fact, according to a post on X on Thursday, the Hash Rate of a single block may have already reached 1 ZH/s per second. However, due to the probabilistic nature of mining, variability in block times, and short-term network fluctuations, the reading of a single block is inaccurate. The industry standard is typically to use a seven-day moving average to account for outliers and ensure reliability. Not only is the Hash Rate increasing, but the difficulty of mining a block is also rising. Since October, the blockchain has undergone seven consecutive positive difficulty adjustments, and the current difficulty is 109.78 T. The difficulty is adjusted every 2016 blocks and recalibrated to maintain mining a block in about 10 minutes.