BTC mining hashrate hits ATH, intensifying pressure on U.S. miners squeezed by tariffs

While the Bitcoin hashrate reaches a summit of all time, American minors struggle with narrowed profits in addition to the increase in equipment costs due to Trump’s rates.

Bitcoin (BTC)) The operating hashrate – The measurement of the computing power used to exploit and process transactions on the network – has exceeded 1 Zetahash per second (ZH / S), marking an increase of 1000x since January 2016. This step has been reached on April 5, although different sources slightly signal the PIC ZH / S numbers due to different measurement methods. Mempool.space recorded A peak of 1.025 zh / s, while the BTC frame measure It is 1.02 zh / s on April 4.

Although a growing hashrate means that the network is more resistant to attacks, it poses a challenge for BTC minors. As the hashrate increases, the network adjusts its difficulty to maintain regular block time of approximately 10 minutes per block. This occurs about every two weeks (or all 2,016 blocks) to ensure that new blocks are added to a stable rate.

Since the awards for the BTC mining are fixed at 450 BTC per day until the next halve In 2028, this means that as a more flooded calculation power the network, the mining awards must be divided between a greater number of minors. With more minors in competition for the same total reward, the share of each individual minor decreases, leading to a drop in hashprice – the amount of income that a minor wins per unit of Hashrate. Indeed, Hashprice saw drop In the past three months, from around $ 60 in mid-January at around $ 40 at the time of the press, confirming the distribution of miners as Hashrate Monte.

As the hashrate increases, minors are facing increasing pressure to maximize operational efficiency. “Minors double: widen the sites and connect more effective machines”, Mitchell Askew, chief analyst of blockware solutions, said Cointelegraph. He also added that minors with less effective equipment could soon be forced to leave the market, unless Bitcoin prices increase in the near future.

The challenge for bitcoin minors has been further aggravated by Trump priceswho have increase The cost of mining equipment for American mining companies. China remains the best supplier of Bitcoin extraction equipment but is now faced with a 34% reprisal rate on exports to the United States, exerting pressure on the return on investment of American minors.