π¨ Bitcoin Mining Difficulty Is Set to Rise as Hashprice Sits Near Record Lows
Bitcoin mining is entering a paradoxical phase: mining difficulty continues to rise, while hashprice β the revenue earned per TH/s β is hovering near historic lows. This contrast highlights a core reality of the ecosystem: the Bitcoin network is becoming stronger, more secure, and more competitive, yet miners are facing increasing pressure.
π₯ Why Is Difficulty Still Increasing?
Mining difficulty adjusts roughly every two weeks based on the total network hashrate.
When more miners plug in, difficulty rises to maintain the 10-minute block interval.
At the moment:
- Hashrate is hitting new all-time highs.
- Miners are upgrading to more efficient next-gen ASICs.
- Institutional capital continues flowing into industrial-scale mining farms.
The result: even without a corresponding rise in BTC price, the network strengthens through added competition and computing power.
π Hashprice Near Record Lows β Smaller Miners Are Struggling
Hashprice reflects the revenue miners earn per TH/s per day.
When hashprice drops, it means:
- Block rewards measured in BTC have fallen (due to the halving).
- Rewards measured in USD have dropped (due to sideways price action).
- Transaction fees are lower compared to the height of the Ordinals boom.
- High difficulty dilutes miner rewards even further.
This puts significant pressure on:
- Small-scale miners,
- Farms running older ASICs (S9, S17, etc.),
- Setups without access to cheap power,
- Operators lacking capital for hardware upgrades.
Many miners are being forced to power off machines or sell their BTC, while large mining companies continue expanding β pushing difficulty even higher.
π§ What This Means for Bitcoin-Natives
This moment highlights the long-term strength of Bitcoin:
- The network is more secure than ever.
- Rising hashrate signals strong long-term conviction from institutional miners.
- The market may be entering a miner-capitulation phase β historically seen near cycle bottoms.
This is a key signal: heavy miner stress often precedes major macro bullish transitions.
π§ Conclusion
Even as hashprice hits rock-bottom levels, Bitcoinβs mining difficulty continues to climb β a sign of a resilient, maturing network. Weaker miners are being flushed out, while stronger operators keep scaling. And as always in Bitcoin:
periods of asymmetric miner pain often mark the beginning of the most powerful growth cycles.
Read more at: https://primal.net/e/nevent1qqspwmlg84400wxwmlmuq7qvqdl5aekw9dfyr2ae5ft6lqtme87uzqq0523jj