#BitcoinHashRateSurge
Currently, the difficulty of mining Bitcoin has reached a record level due to the increase in professional miners and the adoption of more powerful mining equipment. In 2024, the difficulty is expected to hit 62.46T, an increase of over 20% compared to the beginning of the year, as many companies invest in mining infrastructure.
In 2025, the difficulty is expected to continue to rise due to fierce competition and the aftermath of the Bitcoin Halving event in 2024, which will reduce the block reward to 3.125 BTC. However, this will make it much more difficult for small miners and could lead to a restructuring in the industry.