Bitcoin's network mining difficulty has reached a record high of 129 trillion, marking a 6.4% increase over the past three months, which makes it more challenging for miners to earn rewards. Despite Bitcoin's price pullback, miner revenues are declining, as the hashprice has fallen to $60 per petahash per second, and transaction fees now constitute less than 1% of block rewards. This decline is further compounded by new tariffs up to 57.6% on mining equipment imports, significantly impacting U.S. mining operators like CleanSpark and Iris Energy, who face potential liabilities totaling $185 million and $100 million, respectively. The overall mining landscape is changing, with an adjusted difficulty set to lower by 0.33%, offering slight relief to miners.

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