2025-12-29 09:10:17

#比特币与黄金战争 Most people are still worried about the short-term price fluctuations of $BTC, but savvy traders have already shifted their focus to a set of data—mining difficulty.

The final adjustment in 2025 will see Bitcoin mining difficulty officially surpass 148.2T, and it is expected to reach 149T again by January 8, 2026. Sounds like just a number? No, the logic behind it is the key.

Mining BTC is becoming increasingly competitive. Using the same electricity and the same mining rigs, you mine significantly fewer coins than a year ago. This is not a market sentiment issue; it’s a physical reality—difficulty↑, output↓, cost per coin↑—a three-step process with a bulletproof deduction.

There are no benevolent figures in the mining community. When mining costs are artificially increased, low-priced chips circulating in the market naturally become scarcer. The market will eventually have to accept the reality of "higher pricing."

So you will notice an interesting phenomenon: the market hasn't experienced a big explosion, but large on-chain funds are not in a hurry. What are they doing? They are waiting for this process. Because they understand—scarcity is not just hype, but driven by the "hard constraint" of mining difficulty adjustments. Time is on their side.

Prices can stay flat, but production costs are constantly hinting at a new anchor point. This time, the difficulty hits a new high—who is this pressure for? Once you understand this, you'll see why some are waiting rather than running.

BTC-2,39%

ETH-4,01%

BNB-1,88%

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MidnightTrader

· 2025-12-31 20:55

Difficulty breaks 148, which is why big players are not worried at all. Low-priced chips are becoming harder to find, and time is on their side.

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Tokenomics911

· 2025-12-31 16:18

The difficulty breaking 148T hasn't caused a market reaction yet. When it reaches 149T, that's when things get interesting, and those low-priced chips will truly disappear.

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MevHunter

· 2025-12-31 10:13

Difficulty keeps rising, and what the miners are hinting at is that those who understand this have been waiting for this wave. --- After breaking through 148T, miners should really start to panic; the chips will become increasingly tight. --- I believe large funds are not in a rush to buy in, waiting for the cost line to continue rising. --- Every time I see these hard constraints, I think of the previous halving logic; scarcity indeed can push prices in the opposite direction. --- With mining costs so high, where can low-price chips be found? No wonder big on-chain investors are doing nothing. --- Is 149T really coming? That makes it even more interesting. Retail investors are still tangled in short-term fluctuations; they should have looked at the long-term cost line. --- So essentially, the supply side is self-inflating prices, and the market has to accept it obediently. --- This logic was actually written into BTC's code from the start; difficulty adjustment is a hard constraint.

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OnChainDetective

· 2025-12-29 09:40

ngl the difficulty spike is just a supply squeeze wrapped in physics disguise... whale wallets haven't moved tho, which always screams something. traced some large accumulation patterns last week and the numbers don't lie—someone's definitely playing the long game here.

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ETH_Maxi_Taxi

· 2025-12-29 09:36

148.2T. This difficulty number looks intimidating, but honestly, it's just the mining cost playing psychological warfare with the market. No wonder big players stay calm and hoard; they're just waiting for retail investors to panic.

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CryptoFortuneTeller

· 2025-12-29 09:26

148.2T This difficulty is really incredible. Are miners about to go bankrupt? --- The market remains calm, but big players are leisurely counting their money. This is true harvesting. --- Wait, are you saying that low-priced chips are becoming harder to find? Then my entry window won't close, right? --- Industry insiders vs retail investors, there's always that little gap in understanding. --- Haha, the cost for miners has gone up but the price is still flat. That's called building momentum. --- So is there still a chance to get in now? Feels a bit late. --- This logical chain basically is—ultimately, scarcity must be reflected in the price. --- Is a new high in difficulty actually a good sign? This counterintuitive view feels a bit harsh.

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StablecoinAnxiety

· 2025-12-29 09:25

The fact that difficulty is reaching new highs is really putting pressure on retail investors, while big players are staying calmer. It seems I need to change my approach and not focus so much on the K-line.

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RebaseVictim