• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Amazon and Walmart Eye Launch of Their Own Crypto, Details
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Amazon and Walmart Eye Launch of Their Own Crypto, Details
Bitcoin

Bitcoin Difficulty Adjustment Forecast Puts Miners At A Disadvantage

Best Owie
by Best Owie
2 years ago
·
Posted in Bitcoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The bitcoin mining difficulty had dropped over the month of September, which led to a large increase in the bitcoin hashrate. It had hit a new all-time high and saw a high block production per hour. Now, miners are beginning to bring their new, more efficient mining machines only. This has led to forecasts that the mining difficulty is about to see a massive adjustment in the coming week.

A 12% Difficulty Adjustment

The bitcoin hashrate had hit a new all-time high of 260 exahashes per second as the market opened into a new month. In the same one-week period, miner revenues had also jumped, leading to a 10.3% increase at this time. Block production rate had grown 8.4% to the new 6.45 blocks per hour. A good week for bitcoin miners, but as has been the case so far in 2022, this is not expected to last.

Related Reading: Data Shows High Profit Taking In These Cryptocurrencies

Forecasts coming out of the sector are saying that the bitcoin mining difficulty is expected to adjust by 12% next week. If this happens, it will be the highest difficulty adjustment so far for the year 2022, but a number of factors make this a possible outcome. 

Bitcoin price chart from TradingView.com

BTC falls below $20,000 | Source: BTCUSD on TradingView.com

For the bitcoin hashrate to reach its new all-time high, it had grown 11% in the space of a week. A result of the same factors that are expected to contribute to the expected rise in difficulty. Bitcoin miners have been expanding their infrastructure at a fast pace, most of which was put in place during the bull run of 2021. These new infrastructures are also coming with new and improved miners that have been proven to be more efficient.

Additionally, the temperatures around the world are beginning to lower, meaning that there is more energy available for miners to put into their activities. All of this is expected to contribute to a rather large difficulty adjustment next week.

Bitcoin Miners Should Ready Themselves

The profit margins of bitcoin miners have suffered terribly in the bear market. With BTC’s price dropping so close to production values, miners have had a hard time turning a profit from their operations, and the expected mining difficulty adjustment threatens their margins even further.

Related Reading: Want To Try Your Luck On Speculative Assets? These 3 Coins Should Be On Your Radar

Competition continues to grow in the space, so even though miner revenues were up last week, it does not translate to profit for these miners. Glassnode estimates that miners are spending $18,300 to mine a single BTC. At a price below $20,000, miners barely see a $1,000 profit margin for each BTC they mine.

Nevertheless, miners continue to expand their production capacity by buying new equipment and kickstarting new locations. Public bitcoin miner Marathon Digital reportedly mined 100% more BTC in September than it did in August. The miner’s numbers came out to 360 BTC mined for the month, bringing its total BTC holdings to 10,670 BTC ($215 million).

Featured image from Yahoo Finance, chart from TradingView.com

Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Best Owie

Best Owie

Follow

Best Owie is a Managing Editor at Bitcoinist with extensive experience and a proficient expert known for crafting captivating and insightful content. Best boasts over six years in the crypto sector, and has supervised the conception and publication of thousands of articles. Best is also a content and marketing strategist with the ability to make sure your content reaches the right audience and beyond. In every aspect, Best stands out as a consummate professional, always striving for unparalleled excellence both within and outside the workplace.

Full Profile

Related Posts

Bitcoin

Bitcoin Risks Testing This Critical Support As Bullish Strength Wanes

6 hours ago
Bitcoin

Bitcoin Golden Cross Suggests Potential Surge To $229,000 – Details

10 hours ago
Bitcoin Mirrors Gold’s Path – Analyst Sets Cycle Top Targets At $160K-$180K

Bitcoin Mirrors Gold’s Path – Analyst Sets Cycle Top Targets At $160K-$180K

11 hours ago
Bitcoin

Double Bullish Pattern Tips Bitcoin For $167,000 Target – Analyst

1 day ago
Bitcoin bull

Time To Long Bitcoin? Market Expert Reveals When $600,000 BTC Will Happen

1 day ago
Bitcoin

$750 Million Bitcoin War Chest: Pompliano Prepping Mega Crypto Fund

2 days ago
Please login to join discussion

Premium Sponsors

Press Releases

  • DOGE, XRP, Pi price prediction for June: Cloud mining may...

    4 hours ago
  • XRP and DOGE holders quietly turn to APT Miner, earning...

    17 hours ago
  • 2025’s Best Performing CloudMiner, Holding a Secret...

    20 hours ago
  • XRP and Doge Investors Quietly Move to APT Miner: Earning...

    21 hours ago
  • ETHRANSACTION Mining Platform: “Just tap your phone...

    21 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.