$USDC According to data from Coinmarketcap, at 8:00 AM on June 18, 2025 (Vietnam time), the price of Bitcoin traded at 104,771 USD, down 2.3% in the last 24 hours. The trading volume of the largest market capitalization cryptocurrency stands at 53.7 billion USD.

The Bitcoin mining industry is going through a volatile phase, marked by skyrocketing production costs and the network's hashrate reaching record levels.

This increase not only reflects pressure from the highest network difficulty of all time but also due to rising energy costs and fierce competition among mining companies.

According to the latest report from TheMinerMag, the average cost to mine one Bitcoin has risen from 52,000 USD in Q4 2024 to 64,000 USD in Q1 2025. It continues to climb above 70,000 USD in Q2 2025, an increase of over 34% in just two quarters.

TheMinerMag notes that the Bitcoin mining difficulty has surpassed 126 trillion. Data from Coinwarz supports this, with charts showing a strong increase in recent years.

Bitcoin mining difficulty measures the difficulty of finding a valid block on the Bitcoin network. It has no specific physical unit. Instead, it is a relative index compared to Bitcoin's initial difficulty when the genesis block was mined in 2009. A difficulty of 126 trillion means it is currently 126 trillion times harder than at the beginning.

The increase in difficulty is driven by an average 14-day hashrate reaching 913.54 EH/s, just 10% away from hitting the zetahash milestone (1,000 EH/s).