Historical milestone of Bitcoin, growth signal of the king

On October 25, 2024, the Bitcoin network's hashrate reached a record 736.81 exahash per second (EH/s), marking a historic milestone bringing Bitcoin closer to the Zettahash Era (the 1,000 EH/s mark). In just nine days, the hashrate increased by an additional 67 EH/s, reflecting the robust development of the network. Zettahash is equivalent to 1 sextillion hashes per second, demonstrating the computational power and global commitment to $BTC , helping the network to be more secure and stable.

Evaluating the growth potential of Bitcoin in the near future

With the current hashrate growth rate, Bitcoin is expected to reach the 1 ZH/s mark by the end of 2025. The increase of #hashrate means that the Bitcoin network is becoming stronger and harder to attack, thereby attracting the attention of many major investors and miners. This increase also reflects the growing interest of large financial institutions and asset management companies worldwide, indicating that Bitcoin may experience more stable growth in the long term.

Furthermore, interest from Bitcoin ETF funds and large institutional investors, along with factors such as the widespread acceptance of Bitcoin as an inflation hedge asset, could drive its value in the future. However, the #Bitcoin still faces legal risks and market volatility that need to be considered when assessing its growth potential.