Bitcoins (BTCMining difficulty decreased to 146.7 billion on Friday, as network hashrate – the average total computing power allocated to the security of decentralized protocols – reached an all time high of more than 1.2 trillion hashes every second.
BTC mining difficulty According to CoinWarz.
The network hashrate reached an all-time record on Tuesday and is still above 1.2 trillion despite the slight dip since Tuesday. data CryptoQuant forecast: 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.”
As hashrate increases, miners are forced to use more computing power to create blocks for the Bitcoin ledger. This puts even greater pressure on already-stressed miners. 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.
Companies continue to look for other revenue streams as a way to compensate for the decline in mining of digital currencies. 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.
As both industries are competing for energy, tensions have arisen between miner and AI infrastructure provider due to the shift towards AI datacenters. access to cheap energy sources The power they use to operate is a renewable resource.
The mining industry is still growing despite the 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 Miners are at a distinct disadvantage in areas that have tariffs on these products. They can’t compete with miners from other jurisdictions who don’t pay the additional tariff cost.
If trade tensions continue to increase between China and the US, export controls on computer processors. chips, as well as other electronics, could 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
