Analysis: Bitcoin mining difficulty expected to increase, miner profitability indicator hashprice drops to freezing point

ChainCatcher news, according to Cointelegraph, Bitcoin network difficulty is expected to rise from approximately 149.3 trillion to about 149.8 trillion at the next adjustment, indicating that mining competition will further intensify.

Meanwhile, the key indicator for measuring miner profitability, hashprice, has dropped to near record lows—daily revenue per PH/s is about $38.3, which is below the breakeven point for most miners. Industry analysis points out that this combination (rising difficulty + low hashprice) will further squeeze miners' profit margins; small miners or those with higher electricity costs may be forced to shut down, potentially accelerating industry reshuffling.