BTC mining difficulty forecast to rise in Dec, as hashprice sits near record lows

Bitcoin miners recently experienced a difficulty drop, but relief may be temporary as the next adjustment, scheduled for December 11, is forecast to increase difficulty from 149.30 trillion to 149.80 trillion. Despite this recent decrease, the hashprice—a key profitability indicator—is hovering near record lows around $38.3 per petahash per second (PH/s) per day, well below the $40 PH/s break-even point for miners. The industry also faces broader challenges, including rising energy costs and geopolitical tensions. Furthermore, the US Department of Homeland Security is investigating Bitmain, the dominant ASIC manufacturer, raising fears of potential supply chain disruptions due to concerns over remote access or espionage capabilities of their mining hardware.

(Source：Cointelegraph)