laravel/config/hashing.php

<?php

return [

    /*
    |--------------------------------------------------------------------------
    | Default Hash Driver
    |--------------------------------------------------------------------------
    |
    | This option controls the default hash driver that will be used to hash
    | passwords for your application. By default, the bcrypt algorithm is
    | used; however, you remain free to modify this option if you wish.
    |
    | Supported: "bcrypt", "argon"
    |
    */

    'driver' => 'bcrypt',

    /*
    |--------------------------------------------------------------------------
    | bcrypt options
    |--------------------------------------------------------------------------
    |
    | We could define the number of rounds the bcrypt algo will be using.
    |
    | rounds:   The two digit cost parameter is the base-2 logarithm of the
    |           iteration count for the underlying Blowfish-based hashing
    |           algorithmeter and must be in range 04-31, values outside this
    |           range will cause crypt() to fail.
    |           (default: 10)
    */

    'bcrypt' => [
        'rounds' => 10,
    ],

    /*
    |--------------------------------------------------------------------------
    | argon options
    |--------------------------------------------------------------------------
    |
    | These settings could be adjusted depending on your hardware.
    |
    | time:     Maximum amount of time it may take to compute the Argon2 hash.
    |           (default: 2)
    |
    | memory:   Maximum memory (in bytes) that may be used to compute the
    |           Argon2 hash.
    |           (default : 1024)
    |
    | threads:  Number of threads to use for computing the Argon2 hash.
    |           (default : 2)
    |
    */

    'argon' => [
        'time' => 2,
        'memory' => 1024,
        'threads' => 2,
    ],

];