Bitcoins (BTCThe difficulty of mining fell from 146.7 trillion to 146.7 trillion last Friday, as network hashrate – the total average computer power devoted to the security of decentralized protocols – reached an all time high of more than 1.2 trillion SHA-1 hashes every second.
BTC mining difficulty The difficulty of the adjustment is now down about 2.7% compared to the high level reached in the last period (over 150.8 trillion) CoinWarz.
The network hash rate reached an all-time record on Tuesday and is still above 1.2 trillion despite the slight dip since Tuesday. data CryptoQuant also forecasts: CoinWarz also forecast:
“The next difficulty adjustment is estimated to take place on Oct 29, 2025, 08:14:49 AM UTC, increasing the Bitcoin mining difficulty from 146.72 T to 156.92 T, which will take place in 1,474 blocks.”
Miners who have been under pressure will be even more stressed as the hashrate rises. grappling with trade policiesReduced block rewards and competition
Related: Bitdeer doubles down on Bitcoin self-mining as rig demand cools
Mining companies are looking for alternative sources of revenue, but supply chain problems could arise.
The mining industry is looking for new revenue streams in order to make up the shortfalls that result from digital currency mining. diversifying into AI data centers Other forms of high performance computing
Core Scientific, Hut 8 and IREN will all reallocate resources to AI data centers by 2024 in order to increase profits and decrease reliance on crypto-mining revenue.
The shift to AI data centres has caused tensions between the mining industry and AI infrastructure providers as they both compete for energy. access to cheap energy sources They are able to run their business with the power of solar energy.
Mining continues to grow despite new revenue streams. face regulatory challenges And fomenting issues with supply chains, which are a result of US President Donald Trump’s massive trade tariffs.
Tariffs increase the cost of acquiring mining hardware In jurisdictions where these products are tariffed, miners will be at a disadvantage compared to those who have the option to purchase rigs free of tariffs.
It is also possible that tensions in trade between China and US will continue to rise. export controls on computer processorsHardware may be harder to get if it is not compatible with chips or other electronics.
Magazine: 7 reasons why Bitcoin mining is a terrible business idea
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: cointelegraph.com
