Miners continue to push Bitcoin’s computing power to new heights, even as rewards shrink and network strain grows. On Friday, June 13, the Bitcoin protocol made its 12th difficulty adjustment of 2025. The change dropped difficulty by a modest 0.45%, lowering it from 126.98 trillion to 126.41 trillion.
This move offered little relief for miners, who operate under rising costs and falling profits. Just a day later, on Saturday, miners hit a new peak. The hashrate climbed to an all-time high of 946 exahash per second.
This figure comes from the seven-day simple moving average and slightly surpasses the 943 EH/s level reached at the end of May. The momentum continues despite the strain of high difficulty and low fees. Hashrate measures how much computational power the network uses to secure Bitcoin.
Bitcoin fees fall, block subsidy still key
Higher numbers mean more energy, more hardware, and more pressure on miners. Yet, network rewards have slipped. In the past month, miners saw their daily earnings per petahash drop from $55.53 to $52.92. That figure, known as hashprice, reflects a miner’s daily income based on network conditions.
In the last 24 hours, miners earned an average of 3.17 BTC per block. Fees made up only a small fraction, just 1.32% of the total earnings. The rest came from the fixed block subsidy. As fees shrink and competition rises, miners must rely heavily on block rewards to cover operating costs.
Currently, block times are slower than the ideal 10-minute average. If this pace continues, the network will adjust again around June 29. Early estimates suggest the next difficulty change could be a much larger drop, about 7.74%. That would provide a brief window of ease, but the estimate remains unstable.
But rising performance brings rising costs. The pressure on mining operations will likely grow unless rewards improve or difficulty eases significantly. Until then, miners will keep racing ahead, even as margins tighten.
Miners keep pushing despite low rewards
The outcome will depend on how fast miners produce blocks in the coming weeks. Despite financial pressure, miners show no signs of slowing down. They continue adding machines and boosting output. Bitcoin’s hashrate growth reflects a strong belief in the network’s future.
