According to CoinWarz data, the Bitcoin hash rate (the total computing power that protects the Bitcoin network) reached an all-time high of 1,000 EH/s on January 3, which is almost double the network's hash rate 12 months earlier. CoinWarz data shows that in January 2024, Bitcoin's hash rate hovered around 510 EH/s. As of press time, Bitcoin's hash rate has fallen back to around 780 EH/s.