$data = User::find($id);
if( ! Hash::check( $data->password , Input::get('currPassword') ) )
{
    return Redirect::to('/admin/profile')
        ->with('message', 'Current Password Error !')
        ->withInput();
}

$password = Input::get('passwordformfield'); // password is form field
$hashed = Hash::make($password);

use Illuminate\Support\Facades\Hash;

$data = User::find($id);
if( ! Hash::check( Input::get('currPassword') , $data->password ) )
{
    return Redirect::to('/admin/profile')
        ->with('message', 'Current Password Error !')
        ->withInput();
}

//pass your password to following function
bcrypt('12343');
//or use following method
use Illuminate\Support\Facades\Hash;
Hash::make('password');