CoinDesk Podcast Network THE MINING POD: 2025 Bitcoin Hashrate Forecast w/ Valentin Rousseau
Apr 22, 2025
Valentin Rousseau, a Bitcoin mining researcher and author, shares insights from his latest hashrate forecasting report. He predicts a Bitcoin hashrate reaching around 1000 EH/s by the end of 2025, with a possible 1700 EH/s by 2027. Rousseau discusses the impact of U.S. tariffs on mining growth, noting a 60 EH/s reduction in forecasts. He also highlights the competitive landscape between public and private miners, emphasizing the evolving dynamics after China's mining ban. Tune in for a deep dive into future trajectories of Bitcoin mining!
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Bitcoin Hashrate Forecast 2025-2027
- Bitcoin's hashrate is projected to reach about 989 exahashes per second by the end of 2025.
- By 2027, the forecast is approximately 1700 EH/s based on public miners' expansion plans and network share.
Public Miners' Success Rates
- Public miners' growth success rates were based on their track records and communicated expansion targets.
- This success rate is crucial for the accuracy of the 2027 hashrate projections.
Challenges of Long-Term Forecasting
- Longer term forecasts rely more on assumptions about upcoming supply capacity and miners' pipelines.
- Conservative estimates deduct uncertain high-performance computing power from projections to avoid overestimation.