Bitcoin's network difficulty has hit a new record high, making it tougher for miners to earn new coins. The difficulty level, which adjusts every two weeks, has now risen to over 136 trillion, indicating more computing power is competing on the network.
This increase comes at a difficult time for miners, as their revenue is already shrinking. The "hashprice," which measures a miner's earnings per unit of computing power, has dropped to its lowest point since June. Additionally, the transaction fees that miners collect have also been declining, offering little support for their profits.
With higher competition and lower revenue, Bitcoin miners are facing tight margins. To stay profitable, they will need either a significant rise in Bitcoin's price or a jump in network activity that leads to higher transaction fees.
September 2025, Cryptoniteuae