Bitcoin Hash Rate Surges, A Positive Signal for Crypto

The health of the Bitcoin mining ecosystem is always one of the most important fundamental indicators, reflecting the security and investor interest in the leading crypto asset. Summary data for Week 28 of 2025 (from July 4 to July 10) shows many very positive signals, painting a picture of a network that is growing stronger and more decentralized.

1. Hash Rate Soars Amidst Falling Difficulty

According to data from cloverpool, the network's average hash rate over the past week reached 916 EH/s, a significant increase of 6.55% compared to the previous week's average of 860 EH/s. Hash rate, a measure of the network's total computational power, is a key metric for security; the higher it is, the more secure and attack-resistant the network becomes.

This growth is even more meaningful as it occurs in the context of a recent mining difficulty adjustment that saw a decrease of 7.48% to 116.96 T. The combination of falling difficulty (which makes it easier to find a new block) and rising hash rate (showing more miners are participating) creates a "golden" environment for miners, boosting their profitability. Data also shows the average block time was just 9 minutes and 26 seconds, faster than the 10-minute target, further confirming the network's high performance.

2. Price Action and Notable Industry Moves

This favorable environment is supported by positive price action. According to blockchain.com, the average price of Bitcoin for the week was $109,096, a 1.62% increase from the previous week, with a weekly high of $116,842. A rising BTC price means the block rewards miners earn have a higher fiat value.

This optimism is also reflected in the moves of industry players:

Major Miners Accumulate: Bitdeer reported mining 203 BTC in June, bringing its total holdings to 1,502 BTC. Similarly, Cango Inc. (CANG) now holds 4,000 BTC. This shows a trend of miners holding their rewards instead of selling immediately, anticipating higher future prices.

Strategic Diversification: Bit Digital made an interesting move by selling 280 Bitcoin to purchase ETH, showing that even mining companies are making sophisticated treasury strategy decisions.

Mainstream Adoption: Most notable was the announcement from Mac House, a Japanese clothing chain brand, declaring it will start a Bitcoin mining business. This is a strong signal of Bitcoin being recognized as a legitimate and attractive business venture even by non-tech, traditional companies.

Overall, last week's data indicates a very healthy and confident Bitcoin mining sector, creating a solid foundation for the growth of the entire crypto market.