Bitcoin Mining Difficulty Reaches 155T as Hashprice Falls to $34.49/PH/s

Bitcoin mining difficulty reached a record 155 trillion on November 3rd, while hashprice fell to an all-time low of $34.49 per petahash per second, data show. Mining profitability declined to $0.0334 per terahash per second daily, the lowest level since 2023. The combination of record difficulty and depressed hashprice has compressed operator margins across the sector.