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Bitcoin Mining Difficulty Sets Year-End Record at 148.2 Trillion, Next Increase Expected in Early 2026

Slightly faster block production is pushing the protocol’s automated recalibration higher.

Overview

  • The final 2025 adjustment raised Bitcoin’s mining difficulty to roughly 148.2 trillion, setting a new all-time high.
  • Analysts project the January 8 recalibration could nudge the metric toward about 149 trillion.
  • Average block times near 9.95 minutes remain below the 10-minute target, signaling continued upward pressure on difficulty.
  • Rising difficulty is squeezing miner margins and elevating shutdown or consolidation risks for less-efficient operators.
  • Hardware suppliers such as Bitmain introduced December discounts with deliveries slated for early 2026 as buyers recalibrate spending.