Bitcoin’s hashrate has reached 1 zettahash per second (1 ZH/s) on a seven day moving average for the first time, setting a new all time high, according to Glassnode data.
The hashrate is the average estimated number of hashes per second produced by miners securing the network. Using a seven day moving average is important because it smooths out natural block time variability.
The network has briefly touched 1 zettahash several times this year, but this is the first time it has been sustained on the seven day moving average.
coindesk.com