#BitcoinHashRateSurge

Currently, the difficulty of mining Bitcoin has reached a record level due to the increase of 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 rising due to fierce competition and the consequences of the Bitcoin Halving event in 2024, which will reduce the block reward to 3.125 BTC. However, this will make it much harder for small-scale miners and could lead to restructuring within the industry.