Bitcoins (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 1.2 trillion hashes / second.
BTC mining difficulty According to CoinWarz.
However, the network hashrate on Tuesday reached a new high and continues to be elevated over 1.2 trillion despite 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.
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 High-performance computing includes a wide range of technologies.
Core Scientific Hut 8 IREN have all allocated resources towards AI data centres in 2024. This is to improve profits and lessen reliance upon revenue from cryptocurrency mining.
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 The power they use to operate is a renewable resource.
Mining continues to grow despite new revenue streams. face regulatory challenges The US president Donald Trump’s trade tariffs have exacerbated supply chain problems and sparked a flurry of disputes.
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 tariff costs.
If trade tensions continue to increase between China and the US, export controls on computer processorsIt could become more difficult for hardware to be acquired if chips or other electronics are used.
Magazine: 7 reasons why Bitcoin mining is a terrible business idea
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Source: cointelegraph.com
