Bitcoin mining difficulty rises to 148 trillion as miner revenue hits three-month low
Bitcoin mining difficulty has risen to 148 trillion, while miner revenues have dropped to their lowest level in three months. A snapshot from October 30 shows that a 25 J/TH mining rig could cover power costs of about 5.45 cents per kWh, assuming a 2% pool fee. For traders, weaker miner revenue can point to tighter profit margins across the mining sector.
Why it matters
- Mining difficulty has climbed to 148 trillion, which makes mining harder.
- Miner revenues fell to three-month lows, pressuring profit margins.
- On October 30, a 25 J/TH rig covered power costs of about 5.45 cents per kWh.
What to watch next
Watch whether miner revenues recover from their three-month low or keep falling, and how difficulty responds.
