Bitcoin Hashrate Reaches a Pre-Crackdown High
Bitcoin's network hash rate reached a new all-time high of over 178 EH/s, indicating extreme network security.
Bitcoin network hashrate reached a pre-crackdown all-time high in April according to widely used network estimates, shortly before Chinese mining restrictions drove a historic decline.
This stage is kept distinct from nearby proposal, release, signaling, lock-in and activation stages. That separation is especially important in Bitcoin development, where code availability and network activation can occur months apart.
Placed in the broader 2021 chronology, the event helps show how Bitcoin was simultaneously becoming a subject of institutional finance, public policy, technology development and mass culture. Its inclusion reflects the specific historical development described above rather than a claim that every related market reaction was caused by this event alone.