Bitcoin Mining Difficulty to Tick Up Again Despite Squeezed Profits

[madtrader]

Bitcoin’s mining difficulty is expected to rise slightly on Dec. 11, even as miner profitability hovers near record lows. Hashprice remains stuck below the critical $40 PH/s break-even mark, forcing many miners to weigh whether to shut off equipment as energy costs and global uncertainty intensify.

[Nahid Hossen]

Mining difficulty rising even under low profits shows strong network resilience.