The Bitcoin mining hashprice (BTC) – Daily income from a minor per chopping power unit spent at the mine blocks – has been constant at around $ 48 per Petahash per second (PH / S), despite a slight 1.4% increase in Bitcoin difficulty.
Coinwarz data show that the difficulty of Bitcoin climbed 113.76 Billions to block 889,081 on March 23, against 112.1 Billions of difficulties in the previous time.
According to Theinermag, a hashprice less than $ 50 grants financial stress on minors performing older equipment such as Antmin S19 XP and S19 Pro.
The older equipment coupled to the decline in network transaction costs is likely to push certain minors in an unprofitable territory – forcing them to deactivate their equipment until they improve their integrated circuits specific to the application (ASIC) or the conditions of the network change.
Miners have been struggling since the Bitcoin event in April 2024, which reduced the block subsidy to 3.125 BTC by block exploited, generally increasing the difficulty of the network and the recent slowdown in cryptographic markets due to macroeconomic uncertainty.
Bitcoin extraction difficulty. Source: Coinwarz
In relation: The dry says that the exploitation of evidence does not constitute titles
Minors have a difficult start at 2025
The research of the financial service company JPMorgan shows that Bitcoin extraction companies public listed have collectively lost 22% of their value in February 2025.
Even minors who diversified operations in artificial intelligence and high -performance computer data centers, to consolidate the lost income by mining activities, face financial pressures, according to the JPMorgan report.
The financial service company has cited the publication of Deepseek R1, an open source model formed for a fraction of the cost as main models and operates equally with closed source products, as pressure on large AI data centers.
Although the hashrate of the Bitcoin network oscillates in the short term, the long -term trend is upwards. Source: Cryptocurrency
A regular network hashrate, which is the total amount of total calculation in the Bitcoin network, also creates increased competition between minors, who must spend greater computer resources to remain profitable.
The fears of an prolonged trade war between the United States and Canada, alongside constant tariff titles, put minors on board.
The threats of Canadian officials to take prices on energy exports to the United States exerts even more pressure on industry already in difficulty.
Review: Korea to raise the ban on corporate cryptography, beware of crypto mining hds: Asia Express
