Key points of the news
- Bitcoin mining difficulty surpassed 100T, reaching an all-time high of 101.65T.
- Bitcoin hashrate also set a record of 755 EH/s on weekly average.
- Small miners face greater pressure due to rising costs and competition.
The mining difficulty of Bitcoin has reached a historic level of 101.65Ta significant milestone that marks the first time this metric has exceeded 100 billion units.
This increase is an indicator of the growth y fortaleza of the red Bitcoinwhich continues to evolve despite variations in the precio of the cryptocurrency.
However, this increase also brings with it greater challenges for the smaller minerswho lack the same financial resources than the largest and most public companies in the sector.
According to data from Glass node, reported by James Van Stratenthe current situation has highlighted the competitiveness gap between the different participants in the mining industry.
The mining difficulty measures the complexity to find new blocks on the blockchain Bitcoin and automatically adjusts every 2,016 blocksapproximately each two weeks.
During the current year, this difficulty has increased in the 60% of the occasions, pointing out that the red constantly demands more computational power to mine Bitcoin.
This increase in difficulty is also reflected in the hashratewhich reached a record average of 755 EH/s in the last week of October, consolidating itself as the highest level recorded to date.
For the minersthese increases in difficulty y hashrate involve greater operating costswhich in turn exerts pressure on the smaller miners.
These operators usually sell a large part of their earnings in Bitcoin to cover their expenses, while public companies and large miners can afford to accumulate part of their BTCthus reducing sales pressure.
Despite this environment competitivein October some miners managed retain a portion of their coins, replenishing their reserves after a period of massive sales in August and September.
An uncertain future for small Bitcoin miners
The financial pressure that face the miners is currently reflected in the Bitcoin marketwhere the sale of mined coins daily represents a constant flow of liquidity.
With an average of 450 BTC extracted per day, equivalent to about 31.5 million dollarsthe total sale of these assets could impact the precio of the cryptocurrency. However, the tendency to retain part of the production by some miners could reduce the impact of this selling pressure in it mercado.
In this context, the small miners They must adapt to stay competitive. The operating costs growing and the increase in mining difficulty forces them to look for alternatives, such as immediate sale of Bitcoin or improving your infrastructure to reduce costs and stay in the business.
The consolidation of great actors in the mining could be a growing trend, since they have capital y cutting edge technology to absorb these changes more efficiently.
As the red Bitcoin continues to grow, changes in difficulty and the hashrate They also reaffirm their security y endurance against possible attacks. This historic milestone in mining difficulty shows that the Bitcoin ecosystem continues to strengthen and mature, although with significant challenges for those who do not have large resources.
The increase in the hashrate also suggests that the red attracts an unprecedented amount of computational powerconsolidating its position as one of the networks safer and more robust in space crypto.
