Bitcoin Mining Difficulty Hits Record High as Hashrate Tops 900 EH/s
Bitcoin’s mining difficulty rose by 1.4% on Saturday, pushing the network to a new all-time high of 123 trillion and pressing the hashprice down to $44/PH/s.
Network data shows that the adjustment comes as the seven-day moving average of Bitcoin’s hashrate surpassed 920 EH/s for the first time ealier this month, extending a steady growth despite Bitcoin’s market slump.
This marks the fourth positive difficulty adjustment since March. The network’s mining difficulty—a measure of how hard it is to find a valid hash for a new block—is up 11% since the New Year, which represented a slower growth rate compared to the fourth quarter of 2024.
Bitcoin’s difficulty adjusts roughly every two weeks based on the time it took to mine the previous 2,016 blocks. When blocks are found faster than the 10-minute target, difficulty rises to slow issuance; when they’re slower, it drops. This week’s increase maintains the post-halving average block interval near its intended pace.
The record-high difficulty underscores ongoing investment into mining infrastructure, particularly from large-scale operators with newer, more efficient machines. However, with the hashprice remaining below $45/PH/s, the profitability outlook remains challenging for miners operating older-generation rigs.
