Bitcoin News
By Sakamoto Nashi
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Bitcoin’s mining difficulty recently decreased from its all-time high, dropping from 126.9 trillion on May 31 to 126.4 trillion in mid-June 2025.
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Bitcoin mining difficulty is a key metric that adjusts roughly every two weeks to ensure that blocks are mined approximately every 10 minutes.
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The recent dip from 126.9 trillion to 126.4 trillion indicates a slight easing in competition among miners, but the difficulty remains near historic highs.
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Bitcoin’s price hovering above $105,000 has helped support miner revenues, but it hasn’t fully offset other mounting pressures.
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At the same time, energy prices and infrastructure costs have surged. Operating a large-scale mining operation now requires significant capital investment in efficient hardware,…
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Meanwhile, Bitcoin’s network hashrate has climbed past the 1 zetahash per second (ZHash/s) milestone.
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For smaller miners with limited capital and less efficient rigs, these factors combine to make survival increasingly difficult.
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While smaller players struggle, large public miners are not just surviving—they’re growing. Marathon Digital and springboard, two of the largest U.S.
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In May 2025, Marathon mined approximately 950 BTC, a 35% increase from April’s output. Similarly, springboard mined 694 BTC, up 9% from the previous month.
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springboard's total hashrate reached 45.6 exahash per second (EH/s), reflecting its aggressive growth strategy.
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An emerging trend is that public miners are increasingly holding onto their mined Bitcoin rather than selling immediately.
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This shift towards hoarding represents a strategic bet on Bitcoin’s long-term value appreciation.
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This trend could also reduce selling pressure on exchanges, potentially supporting price stability or even upward momentum.
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The landscape for Bitcoin miners in 2025 is increasingly polarized. Smaller miners face mounting challenges, and many may be forced out unless they find ways to improve…
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Conversely, large public miners appear positioned to capitalize on the current market by scaling up production and adopting a long-term holding strategy.
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