Mining Difficulty of Bitcoin Halted the Rise

As a result of the latest recalculation, the Mining Difficulty of the first cryptocurrency has been adjusted by 0.45% — to 126.41 TH.

Data: CloverPool. The indicator has slightly retreated from the historical maximum of 129.98 T, reached two weeks ago.

According to Glassnode, the hash rate (7 DMA) is 936.4 EH/s and is virtually at the level of the recorded all-time high fixed on May 31.

Data: Glassnode. According to Hashrate Index, the hash price has remained around $53 per PH/s per day over the last 24 hours.

Despite Bitcoin's price maintaining levels above $100,000, the mining profitability metric cannot approach the local maxima of December 2024 at ~$64.

Data: Hashrate Index. At the same time, analysts from JPMorgan called the first three months of 2025 the "best quarter" for public companies in the industry since monitoring began over two years ago (. Experts noted that miners collectively earned a gross profit of about $2 billion with a margin of 53%, according to CoinDesk.

The lowest total cost of mining 1 BTC during the period was with IREN — about $36,400. The highest figure of ~$72,600 was recorded by MARA.

Recall that in May, MARA mined a record 950 BTC after the halving, increasing production by 35% compared to the previous month.