Bitcoin mining difficulty is now at 109.78 trillion, marking a 1.16% rise. This represents a dramatic 24% increase over the past three months, alongside a hash rate exceeding 800 EH/s, showcasing the network’s performance.
Miners are contending with halved block rewards and steeper mining challenges, resulting in escalating production costs. With average cash costs around 55,950 USD and total costs nearing 106,000 USD, many miners are struggling.
To tackle rising operational costs, some miners, like TeraWulf and Cipher, are investing in clean energy and AI partnerships. While these initiatives may delay immediate Bitcoin production, they aim to create new revenue avenues.