Author:Coindoo
- 7 April 2026
- |
- 08:15
Global Bitcoin hashrate dropped by roughly 62 EH/s between the first and second quarters of 2026, according to data from the Hashrate Index.
Key Takeaways
- Bitcoin’s global Hashrate " >hashrate dropped nearly 6% in a single quarter – from 1,066 EH/s to 1,004 EH/s.
A metric of a blockchain network's computational power, based on the number of guesses made per second.
- The US, Russia, and China control roughly 65% of global mining output despite deep geopolitical tensions between them.
- Emerging markets like Paraguay and Ethiopia are gaining ground on the back of cheap hydroelectric power.
- Older mining hardware is being retired at an accelerating pace wherever electricity costs exceed $0.06/kWh.
The network was running at 1,066 EH/s at the close of Q1, falling to 1,004 EH/s by Q2 – a decline that might seem modest in isolation, but arrives against a backdrop of broader industry stress: Bitcoin prices are sitting around 50% below their 2025 peak, and mining revenues have hit a 14-month low.












