- Bitcoin mining difficulty increased by 4.38% on May 31, 2025.
- New all-time high of 126.98 trillion in mining difficulty.
- No significant public remarks from key industry figures.
The Bitcoin network has seen a significant rise in mining difficulty as it hits an all-time high, impacting miners and the cryptocurrency market.
This article explores the latest developments in Bitcoin mining difficulty adjustments and the current market dynamics of BTC, the world’s leading cryptocurrency. We delve into the implications of these changes and expectations for the future.
Bitcoin Mining Difficulty Hits 126.98 Trillion After 4.38% Rise
Bitcoin experienced a significant adjustment on May 31, 2025, as the mining difficulty increased by 4.38% at block height 899,136. This change, occurring at 08:01:30 Beijing Time, marks a new all-time high of 126.98 trillion.
The increased mining difficulty reflects heightened competition among Bitcoin miners globally. No public reactions or remarks from key industry figures were reported, indicating the community views this as a routine protocol adjustment. As one summary of the current situation points out, “There were no identified quotes from influential Bitcoin figures such as Michael Saylor, Jack Dorsey, or Adam Back regarding the current mining difficulty adjustment.”
The increased mining difficulty reflects heightened competition among Bitcoin miners globally. No public reactions or remarks from key industry figures were reported, indicating the community views this as a routine protocol adjustment.
BTC Market Overview Amidst Record-Setting Hash Rate
Did you know? Mining difficulty has generally peaked following Bitcoin halving events due to the introduction of more efficient mining equipment and increased miner engagement.
Bitcoin (BTC) currently trades at $103,787.65, with a market cap of $2.06 trillion. BTC shows a 24-hour trading volume decline of 3.23%, standing at $56.35 billion, according to CoinMarketCap. The circulating supply is 19,872,312 BTC, nearing its maximum supply of 21 million.
Coincu researchers expect future advancements in mining technology to play a critical role in shaping financial landscapes. Increased difficulty, while boosting network security, might intensify challenges for less efficient operations amid evolving regulatory frameworks.