Difficulty Increase Breaks Hashprice Uptrend

Hashrate ATH and stalling BTC price put pressure on mining margins

As Bitcoin's price action maintains a healthy trend despite a slight retracement, the network's hashrate keeps climbing, leading to an increase in difficulty and pushing hashprice back to levels last seen at the beginning of the year. Although it seems that the bottom is in, miners are still facing challenges, and good times may be far away. In this com…