#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. The year 2024 is expected to see the difficulty reaching 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 aftermath of the Bitcoin Halving event in 2024, which reduces the block reward to 3.125 BTC. However, this will make it much harder for smaller miners and could lead to a restructuring in the industry.