TL;DR:
- Network computing power rebounded to 1.075 zettahashes per second (ZH/s) on October 13, 2026, up from 1.003 ZH/s recorded the previous day.
- A CoinShares report documented a 27% contraction in the metric between October 2025 and February 2026, dropping from 1,160 EH/s to 850 EH/s.
- The average monthly hashprice hit an all-time low of $27.70 per petahash per second per day in June 2026.
Bitcoin’s computational network is reflecting an operational stabilization phase after undergoing one of its most prolonged corrections since late 2025. Technical records from Blockchain.com compiled by YCharts placed the Bitcoin hashrate at 1.075 ZH/s on Tuesday, October 13. This figure confirms an increase compared to the 1.003 ZH/s mark observed a day earlier.
Global processing capacity crossed the 1.1 ZH/s threshold during the final quarter of 2025. Assessments from market researcher Zach Pandl indicate that this recent movement could signal the start of operational relief for companies dedicated to block validation.Despite this daily rebound, aggregate computing volume remains below the levels recorded twelve months ago.
Bitcoin hash rate has stabilized pic.twitter.com/9uIXjuTcdL
— Zach Pandl (@LowBeta) October 14, 2026
Operational factors behind the mining contraction
The loss of installed capacity was primarily driven by margin compression following the price pullback from its October 2025 highs. An industry source stated in September 2026 that computing power retreated from 1,160 exahashes per second (EH/s) to 850 EH/s in the first week of February 2026. This shift represented a 26.72% drop over the analyzed period.
The report attributes this hardware disconnection to three concurrent variables: depressed spot prices, elevated algorithmic difficulty levels, and low transaction fee volume on the base layer.
Direct revenue per processing unit suffered severe deterioration by mid-year. Industry data places the hashprice at a monthly average of $27.70 per petahash per second per day (PH/s/day) during June 2026.
Industry specialists note that this revenue level failed to cover operational costs in mining farms running older-generation ASIC hardware.
Compounding these market factors were direct pressures on energy tariffs. In major mining hubs such as Texas, operators faced seasonal electricity price hikes and winter weather disruptions. Market reports indicate that several facilities powered down portions of their operations to curtail load back to the grid or migrated capacity toward AI infrastructure data centers.
The recovery toward levels near 1 ZH/s suggests that companies with efficient hardware and fixed-price power purchase agreements are capturing the market share left behind by less profitable competitors.
Monitoring desks are now looking ahead to the upcoming Bitcoin network difficulty adjustment, scheduled to conclude within the next 150 blocks of the two-week cycle, an event that will formally recalibrate the production cost of each block.
