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Bitcoin hashrate surges as miners operate at full capacity backed by traditional finance.

Market News
22 Oct 2026
UToday
View Source
Bullish
Bitcoin hashrate surges as miners operate at full capacity backed by traditional finance.

Bitcoin's network hashrate has rebounded strongly, reaching 1,000 EH/s and nearing historic highs from late 2025. This surge is driven by miners running at full capacity, supported by significant investments from traditional financial institutions. The increase in computing power has pushed mining difficulty to a record high, reflecting the shift of Bitcoin mining into a heavy industry dominated by large corporate players. With Bitcoin prices around $80,000 and mining profitable mainly for efficient operators with low electricity costs, the sector shows resilience backed by institutional contracts and AI data center integration, signaling a bullish outlook ahead of the 2028 halving event.

Bitcoin's network hashrate is near historic highs, signaling strong mining activity. For readers following the cryptocurrency sector, here is Pluang's market snapshot as of Oct 22, 2026 20:42 WIB: out of 50 major cryptocurrencies, only 4 rose while 45 fell. Notable movers include ADA at Rp3.900 with a 1-day change of -4.53% and a balanced Pluang order activity of 48% Sell / 52% Buy, SUSHI at Rp3.896 with -4.41% and 86% Sell / 14% Buy, and ALGO at Rp1.969 with -4.09% and 10% Sell / 90% Buy.

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