Bitcoin miners earn 14.2 percent less per exahash as difficulty hits a record

What is established: mining difficulty on the Bitcoin network has stood at 148.4 trillion since October 29, the highest on record. Over three adjustments since September 19 it has risen 11.8 percent, while bitcoin traded at $77,657 on Monday afternoon, 4.4 percent below its level on September 19. Our assessment follows further down: the miners' higher costs are no floor under the price, but they are a reason for continued selling pressure from this group.