Crypto Mining Industry Shows Resilience Amid High Difficulty and Stable Hashrate

In my latest crypto mining report, I observe that electricity costs vary significantly across regions, with China and Russia offering the most cost-effective options at around $0.037 to $0.042 per kWh. This factor is critical as sustained profitability in crypto mining depends heavily on electricity prices. The current Bitcoin market is relatively stable, with prices maintaining between $115,000 and $119,000 after peaking near $123,000 mid-July. Hashrates are nearing all-time highs at approximately 930–945 exahashes per second, indicating robust network security and miner engagement. Interestingly, mining difficulty has recently hit an all-time high of 127.6T, but an expected 3% reduction could momentarily ease some pressures on miners. Hashprice remains steady at around $58–$60 per PH/day, supporting ongoing miner revenue streams.