Bitcoin Mining Difficulty Rises for Eighth Time This Year
The Bitcoin mining difficulty has risen for the eighth time this year, increasing by 1.31% at block height 965664 to a total of 127.45 trillion.
This rise in mining difficulty is part of a trend that has been observed throughout 2026, with miners adapting to changes in the network's conditions.
The hashprice, which measures the revenue generated by miners per terahash per second per day, has surged by 22.24% from $32.42 to $39.63 due to a higher Bitcoin price.
Miner profits remain closely tied to Bitcoin's price, with transaction fees contributing only 0.43% of rewards recently.