Following the latest adjustment, the mining difficulty of the leading cryptocurrency decreased by 10.09% to 124.93 T.
This marks the largest decline since early February, when a winter storm in the US led to an 11.16% drop. However, the difficulty quickly rebounded with a 14.73% increase.
At the beginning of the year, Bitcoin’s difficulty was at 148.26 T and has since fallen nearly 16% from that level. The gap from the all-time high of 155.27 T recorded in October 2025 is approaching 20%.
The average hash rate at the time of writing has dropped to 740 EH/s, and the block interval has increased to 12 minutes. Projections suggest further difficulty reductions.
According to Glassnode, the seven-day moving average smoothed hash rate is 888.4 EH/s.
TheEnergyMag attributed the decline to Bitcoin’s price drop, miners shifting resources to AI services, and the start of the summer season in Texas. Many cryptocurrency miners in the state participate in grid balancing programs, shutting down equipment during peak demand periods.
According to Hashrate Index, the hash price has increased from approximately $29.4 per PH/s per day to $32.7 over the past 24 hours.
In June, on-chain data indicated miner capitulation.
