Unprecedented Difficulty and Hashrate Growth
Bitcoin’s mining difficulty reached a new all-time high of 95.67 trillion at block height 866,880. This represents a 3.94% increase, making mining significantly tougher. Meanwhile, the network’s computational power surged to 729.13 exahash per second (EH/s), showcasing the ongoing expansion of Bitcoin’s ecosystem.
Profitability Challenges for Miners
While mining difficulty rises, profitability has decreased due to lower Bitcoin prices. Currently, hashprice stands at $45.85 per petahash. As prices fall, miners face growing pressure to balance costs and efficiency.
Top Mining Pools Leading the Race
The top five mining pools—Foundry USA, Antpool, Viabtc, F2pool, and Mara Pool—continue to dominate, but the market is rapidly changing. As the mining difficulty approaches 100 trillion, miners must remain adaptive to evolving conditions.
Future Outlook for Bitcoin Mining
As Bitcoin’s mining difficulty continues to climb, efficiency will become even more critical for miners. The next difficulty adjustment could shift the competitive landscape, making it imperative for those in the mining space to stay agile in the face of fluctuating profitability and operational costs.