Bitcoin) (BTCThe mining difficulty dropped to 146.7 trillion in Friday’s trading as the hashrate of the network, which is the average computing power used to secure the protocol decentralized, reached a record high of over 1,2 trillion hashes per sec.
BTC mining difficulty According to CoinWarz.
The hashrate of the network reached a new high on Tuesday. It remains above 1.2 billion, even though it is a slight drop from its previous high. 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
The mining industry is looking at alternative revenue streams but there are potential issues with the supply chain.
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.
If tensions in the trade between China and US continue to rise, export controls on computer processorsChips and other electronics may make it more difficult for hardware to be acquired.
Magazine: 7 reasons why Bitcoin mining is a terrible business idea
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Source: cointelegraph.com
