Bitcoin mining difficulty has surged past 100 trillion for the first time as the cryptocurrency's hashrate, measured over a seven-day moving average, reached a record high of 755 exahashes per second (EH/s). This increase in difficulty and hashrate is creating significant challenges for smaller miners, who may struggle to remain profitable amidst rising operational costs and intense competition. The impact of these changes could lead to a consolidation within the mining sector, where only larger, more resourceful players can thrive. As the market adjusts to these new dynamics, the future landscape of Bitcoin mining could see substantial shifts, affecting both minor and major stakeholders.
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