Bitcoin Mining Difficulty Adjusts Amid Industry Challenges
According to Cointelegraph, the Bitcoin (BTC) network mining difficulty, which measures the computational challenge of adding a new block to the blockchain, slightly decreased to 146.4 trillion on Thursday. This marks the first difficulty adjustment of 2026. The next adjustment is anticipated to occur on January 22, 2026, at 04:08:12 AM UTC, with an expected increase in difficulty from 146.47 trillion to 148.20 trillion, as reported by CoinWarz. Currently, average block times are at 9.88 minutes, slightly below the 10-minute target, indicating a forthcoming increase in difficulty to better align with the target block time.
In 2025, Bitcoin mining difficulty reached new all-time highs, with the final adjustment of the year slightly increasing the difficulty level. Despite this increase, the difficulty remained below the record high of 155.9 trillion observed in November. The rising difficulty signifies heightened competition for mining blocks, posing additional challenges to the mining industry, which faced macroeconomic, regulatory, and financial obstacles throughout 2025. The year was marked by a challenging margin environment for Bitcoin miners, exacerbated by the April 2024 halving that reduced the block subsidy by 50% and various macroeconomic factors.
The downturn in the crypto market, which began in November, further pressured miners and mining companies. Miner hash price, a crucial metric for profitability that tracks expected revenue per unit of computing power, fell below breakeven levels in November 2025. This metric dropped to a multi-year low of below $35 per petahash-second per day, forcing miners to reconsider whether to continue operations. Additionally, tariffs imposed by U.S. President Donald Trump added strain to Bitcoin miners, raising concerns about supply chain shortages.
A sharp decline in the crypto market, triggered by a flash crash in October, led to a 30% drop in BTC prices in November, with Bitcoin reaching a low just above $80,000. Although Bitcoin prices have since rebounded, they remain significantly below the all-time high of over $125,000 achieved in October.