Bitcoin’s network hashrate increased by 2 EH/s in March 2025, reaching 811 EH/s, while miners experience revenue pressures amid a price drop.

This rise in hashrate showcases miner resilience despite financial challenges from a 10% Bitcoin price decline, affecting profit margins.

Bitcoin Hashrate Surpasses 811 EH/s Despite Economic Strains

In March 2025, Bitcoin’s network hashrate rose by 2 EH/s, reaching an average of 811 EH/s, according to JPMorgan. The hashrate increase occurred despite prevailing economic pressures on miners. The current mining difficulty stands at 112.15 T with an upcoming adjustment anticipated to strike on March 23, 2025 (Bitcoin mining difficulty chart and historical data). This follows fluctuations observed in recent months that have challenged profitability.

Bitcoin Price Trades Between $82K and $88K

The latest price data indicates that Bitcoin is currently trading around $85,000, after fluctuating between $82,000 and $88,000. Analysts suggest that this trend matches previous market movements, sustaining historical price patterns. Experts predict the regulatory environment may alter significantly, following the White House summit on March 7, 2025. Observers suggest further technological advancements will increasingly influence future market dynamics.

Bitcoin May Surpass $150K in 2025: Expert Predictions

This event is reminiscent of early 2025 changes when Bitcoin’s mining difficulty and price trends showed sharp variances. These historical patterns have become essential to anticipating market adjustments. Analysts like Alex Thorn suggest Bitcoin could surpass $150k within the year, reflecting past trends of significant price surges following strategic institutional entries. Historical data supports this as probable given similar past influences.

Bitcoin will cross $150k in H1 and test or best $185k in Q4 2025. A combination of institutional, corporate, and nation-state adoption will propel Bitcoin to new heights in 2025.

— Alex Thorn, Head of Firmwide Research, Galaxy Digital

The post Bitcoin’s Hashrate Rises Amidst Miner Revenue Slide appeared first on Kanalcoin.

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Filed under: News - @ March 17, 2025 5:43 pm