As the hash rate slips below 1 ZH/s, Bitcoin’s volatility falls by 2.3%
Key Takeaways:
Bitcoin Problem decreased by 2.3% on May 1, which shows 6 reductions in 2026 Hashrate It dipped below 1 ZH/s. In the past seven days, Foundry USA has mined 31.51% of the 987 blocks, and Antpool and ViaBTC combined bring the share of the three pools to 58.35%. Hashprice rose to $37.52/PH/s when block times reached 10:28, another problem correction around May 17.
Bitcoin Fix in block 947520 clipping problem 2.3%
On Sunday, May 3, 2026, the network's computing power was between 899 eHash per second (EH/s) and 958 EH/s for the past 24 hours. A long time ago, Hashrate It exceeded 1,000 EH/s, equal to one ZH/s, but began to decline on April 19. Fixed the problem with block height 947520. Hashrate It was coasting around 899 EH/s.
The May 1 adjustment represents the network's sixth reduction in 2026 out of nine total periods. After the new change, the problem is 132.47 trillion and this level is expected to remain till May 17th or thereabouts.
Appeared in the near future Hashrate A correction of the dip and problem is that the network's hash price rose from $34.39 per petahash per second (PH/s) to $37.52 per PH/s on a daily basis. Mining revenues have improved during this period, but overall computing power has continued to decline from mid-April until now.
Block intervals are extended, and even after the previous day's Epoch adjustment, they remain slightly behind schedule. The average block time on May 3 stood at approximately 10 minutes and 28 seconds. If that trend continues, another downward correction could be in effect on May 17, although it's too early to draw a firm conclusion.
Miners still have more than 1,800 blocks to work before that point, leaving plenty of room to switch. Last week, 987 blocks were produced, with Foundry USA owning 311, or 31.51 percent.
Behind, Antpool revealed approximately 163 blocks, representing 16.51% of last week's total. Thirdly, ViaBTC identified 102 blocks, guaranteeing 10.33% of the network's total hashrate.
These three mining pools together account for 58.35% of the network's total hashrate. Meanwhile, miningpoolstats.stream data reports that 115 different entities or pools are currently contributing computing power to the Bitcoin network.
As the next correction window approaches, miners are walking a narrow corridor where an improved hash value provides relief, but a softer hashrate and slower blocks cause uncertainty.
With more than 1,800 blocks remaining and conditions still in flux, the network's mid-May performance will depend on whether computing power stabilizes or continues to slowly retreat in the coming days. Market participants look for clarity of direction.
