{"id":25290,"date":"2025-07-12T19:22:07","date_gmt":"2025-07-12T16:22:07","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-rises-nearly-8\/"},"modified":"2025-07-12T19:22:07","modified_gmt":"2025-07-12T16:22:07","slug":"bitcoin-mining-difficulty-rises-nearly-8","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-rises-nearly-8\/","title":{"rendered":"Bitcoin Mining Difficulty Rises Nearly 8%"},"content":{"rendered":"<p>On July 12, following the latest recalculation, the difficulty of mining the leading cryptocurrency increased by 7.96% to 126.27 T.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"562\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Difficulty-BitcoinBTC-CloverPool-formerly-BTC.com-The-worlds-leading-multi-currency-mining-pool-and-on-chain-data-service-provider-Google-Chrome-10-1024x562.jpg\" alt=\"Difficulty - Bitcoin(BTC) - CloverPool (formerly BTC.com)  The worlds leading multi-currency mining pool and on-chain data service provider - Google Chrome\" class=\"wp-image-261902\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Difficulty-BitcoinBTC-CloverPool-formerly-BTC.com-The-worlds-leading-multi-currency-mining-pool-and-on-chain-data-service-provider-Google-Chrome-10-1024x562.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Difficulty-BitcoinBTC-CloverPool-formerly-BTC.com-The-worlds-leading-multi-currency-mining-pool-and-on-chain-data-service-provider-Google-Chrome-10-300x165.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/Difficulty-BitcoinBTC-CloverPool-formerly-BTC.com-The-worlds-leading-multi-currency-mining-pool-and-on-chain-data-service-provider-Google-Chrome-10-768x422.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/Difficulty-BitcoinBTC-CloverPool-formerly-BTC.com-The-worlds-leading-multi-currency-mining-pool-and-on-chain-data-service-provider-Google-Chrome-10.jpg 1182w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/explorer.cloverpool.com\/ru\/btc\/insights-difficulty\">CloverPool<\/a>.<\/figcaption><\/figure>\n<p>The figure approached the historical peak recorded in May of 126.98 T.<\/p>\n<p>Following the difficulty adjustment, the average network hash rate fell to 797 EH\/s, and the block interval exceeded 11 minutes.<\/p>\n<p>According to <a href=\"https:\/\/studio.glassnode.com\/metrics?a=BTC&#038;category=&#038;ema=0&#038;m=mining.HashRateMean&#038;mAvg=7&#038;mMedian=0&#038;s=1659268705&#038;u=1674993505&#038;zoom=182\">Glassnode<\/a>, the network&#8217;s computational power, smoothed by a seven-day moving average, stands at 909.5 EH\/s.<\/p>\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"486\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/glassnode-studio_btc-mean-hash-rate-6-1024x486.png\" alt=\"glassnode-studio_btc-mean-hash-rate\" class=\"wp-image-261903\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/glassnode-studio_btc-mean-hash-rate-6-1024x486.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/glassnode-studio_btc-mean-hash-rate-6-300x142.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/glassnode-studio_btc-mean-hash-rate-6-768x364.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/glassnode-studio_btc-mean-hash-rate-6-1536x729.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/glassnode-studio_btc-mean-hash-rate-6-2048x972.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Glassnode.<\/figcaption><\/figure>\n<\/div>\n<p>The figure has recovered from late July&#8217;s local lows below 800 EH\/s, during which difficulty <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-mining-difficulty-drops-by-7-48\">plummeted by 7.48%<\/a>.<\/p>\n<p>According to <a href=\"https:\/\/data.hashrateindex.com\/network-data\/btc\">Hashrate Index<\/a>, the <span data-descr=\"miners' revenue per unit of computational power expended\" class=\"old_tooltip\">hashprice<\/span> fell from ~$64 to ~$59 per PH\/s per day after the recalculation. The mining profitability metric offset all gains driven by the digital gold rally, reaching <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span> levels <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-breaks-above-118000\">above $118,000<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"372\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Hashprice-Google-Chrome-11-1024x372.jpg\" alt=\"Hashprice - Google Chrome\" class=\"wp-image-261904\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Hashprice-Google-Chrome-11-1024x372.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Hashprice-Google-Chrome-11-300x109.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/Hashprice-Google-Chrome-11-768x279.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/Hashprice-Google-Chrome-11.jpg 1323w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Hashrate Index.<\/figcaption><\/figure>\n<p>Despite the pressure on the profitability of digital gold mining, some industry players like <a href=\"https:\/\/forklog.com\/en\/news\/kulr-deploys-over-3500-miners-in-paraguay\">KULR Technology<\/a> or <a href=\"https:\/\/forklog.com\/en\/news\/tether-and-adecoagro-to-launch-bitcoin-mining-in-brazil\">Tether<\/a> are expanding their mining capacities.<\/p>\n<p>Others, such as <a href=\"https:\/\/forklog.com\/en\/news\/bit-digital-shifts-focus-from-bitcoin-mining-to-ethereum\">Bit Digital<\/a> or <a href=\"https:\/\/forklog.com\/en\/news\/bit-mining-shifts-focus-to-solana-ecosystem\">BIT Mining<\/a>, are shifting focus from Bitcoin to accumulating and staking altcoins \u2014 Ethereum and Solana, respectively.<\/p>\n<p>Earlier, AI infrastructure provider CoreWeave suggested that after acquiring one of the largest public miners, Core Scientific, <a href=\"https:\/\/forklog.com\/en\/news\/coreweave-to-acquire-bitcoin-miner-core-scientific-for-9-billion\">for $9 billion<\/a>, it might completely exit the mining business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On July 12, following the latest recalculation, the difficulty of mining the leading cryptocurrency increased by 7.96% to 126.27 T. Source: CloverPool. The figure approached the historical peak recorded in May of 126.98 T. Following the difficulty adjustment, the average network hash rate fell to 797 EH\/s, and the block interval exceeded 11 minutes. According [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1279],"class_list":["post-25290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-hashrate-2"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=25290"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/25289"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=25290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=25290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=25290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}