Bitcoin mining just got easier — but not for long, as hashrate roars back

The Bitcoin network hashrate recently reached an all-time high exceeding 1.2 trillion hashes per second, causing the mining difficulty to drop by about 2.7% to 146.7 trillion. However, this ease is temporary, as the hashrate remains elevated, suggesting miners will need increasing computing power to secure the ledger. This trend puts pressure on miners already dealing with reduced block rewards and competition. In response, some major mining companies like Core Scientific and Hut 8 are diversifying into AI data centers for alternative revenue. This pivot, however, creates competition for cheap energy sources with AI infrastructure providers. Furthermore, the industry faces regulatory hurdles and potential supply chain issues, particularly due to US trade tariffs increasing hardware acquisition costs and the risk of export controls on essential chips.

(Source：Cointelegraph)