It’s not all about price action (duh)

This popped up on my homescreen yesterday ????.

The Bitcoin price in the Block Screen app, compared to the Bitcoin price when I was at Bitcoin Amsterdam in 2024.

At first glance, and in terms of price, Bitcoin looks basically unchanged.

The euro price as of today is almost the same. So to many people it probably feels like the market just moved sideways.

But beneath the surface, and what really matters, the network kept advancing. Here’s a summary of what happened (and please correct me if I’m wrong).

Around 75,000 new blocks were mined. Roughly 235,000 Bitcoin entered circulation.

And in October 2025 Bitcoin reached a new ATH of ~€106K. ????

Meanwhile, hashrate surged from 665 EH/s to approximately 1 ZH/s, with a peak of 1.13 ZH/s.

and ofcourse, the network experienced no downtimes.

Sometimes the biggest changes happen quietly I guess. ????