Bitcoin Miners Face A Harsh December: Rising BTC Difficulty, Falling Hashprice

According to CoinWarz, the subsequent issue adjustment is predicted at block 927,360, shifting the goal from 149 trillion to shut to 150 trillion. That is a modest rise, but it surely issues as a result of Bitcoin miners are already working with very skinny margins. Hashpower is robust sufficient to push issue up even whereas returns keep close to report lows.

Hashprice Sits Near Break-Even

Hashrate Index data reveals hashprice is hovering round $38.3 PH/s per day, a contact up from a current trough beneath $35 PH/s on November 21. Reports point out that $40 PH/s is roughly the break-even degree for a lot of operations.

When income per petahash drifts underneath that mark, some miners face a tough alternative as they usher in December: swap off rigs or hold paying to mine. Average block instances have been near the 10-minute purpose, with the community lately averaging about 9.97 minutes, which helped set off the newest adjustment that dropped issue from 152.2 trillion to 149.3 trillion.

Hardware, Politics And Supply Risks

Reports have disclosed a US Department of Homeland Security probe into Bitmain, the China-based ASIC maker, over issues its machines could possibly be accessed remotely. Bitmain is reported to manage about 80% of the ASIC market, in response to the University of Cambridge.

That market focus leaves the trade susceptible. If US officers impose restrictions, tariffs, or different limits, miners may face greater {hardware} prices and slower deliveries. Some gear orders may be delayed or rerouted, and growth plans can be examined.

China Unlikely To End Bitcoin Mining Ban Despite Uptick

Meanwhile, abroad, a light uptick in China’s bitcoin mining has led some students to induce Beijing to chill out its ban so miners can use extra vitality, however specialists say a proper reversal is unlikely.

According to Hashrate Index, China’s share of worldwide hash charge rose from 13.75% in Q1 2025 to 14% within the present quarter, inserting it third behind the US and Russia.

Historical information from the Cambridge index reveals China’s hash rate fell to zero in July 2021 earlier than unofficial exercise pushed it again to 22.29% by September 2021; Cambridge stopped updating its mining map in February 2022.

Beijing has tightened guidelines on crypto in recent times, arguing such exercise disrupts monetary order and might allow unlawful conduct. Experts consider these political and coverage issues make an official elevate of the mining ban unlikely, regardless of the current rise in exercise.

Featured picture from Getty Images, chart from TradingView