Bitcoin Mining Difficulty Falls 10% in Its 11th Largest Downward Adjustment

Bitcoin mining difficulty recorded its second-biggest downward adjustment of the year, coming after the larger 11% reduction that was registered in February.

Bitcoin mining difficulty declined by 10.09% on Sunday, registering the network’s 11th-largest negative adjustment and providing miners with some relief from mounting operational pressure.

Galaxy Research reported that mining difficulty dropped from 138.96 trillion to 124.93 trillion at block 953,568 on Sunday, representing the second-largest decline recorded in 2026 and placing the metric roughly 20% below the high reached in November.

Bitcoin has declined by roughly 15% since the beginning of June, a move that has compressed mining profitability, according to Galaxy Research. The firm also noted that the latest adjustment period lasted 15.6 days, exceeding the usual 14-day timeframe, as portions of the network’s hashrate were taken offline.

Mining difficulty helps maintain a consistent pace of block production even when the level of computing power across the network fluctuates. The latest reduction gives Bitcoin miners a better opportunity to generate new blocks, as the decline in hashrate has lowered competition among participants.

The total network hash rate, a measure of the computing power used for mining operations, currently stands at 886 exahashes per second (EH/s). According to Blockchain.com, the metric has declined by 12% during the month and remains approximately 23% below the high reached in October.

According to crypto trader Merlijn Enkelaar, miners that remain active on the network are now generating roughly 9% higher earnings from each machine they operate.

Bitcoin mining difficulty declined by more than 11% in February as storm-related power reductions combined with a 25% drop in Bitcoin’s price. The largest difficulty adjustment ever recorded occurred in July 2021, when China’s mining crackdown triggered a mass departure of miners from the network.

The next mining difficulty adjustment is projected to take place on June 27, with Coinwarz forecasting a modest increase of approximately 1.69%, which would push the metric to nearly 127 trillion.

Bitcoin Hashprice Climbs Back Above $30 After Recent Recovery

According to Hashrate Index, hashprice, a metric used to estimate miner revenue from a given amount of hashrate, has climbed by 13% following the recent decline in mining difficulty. It currently stands at approximately $33 per petahash per second each day.

The Energy Mag reported on Saturday that this level represents a significant benchmark, as it brings a larger number of miners closer to reaching their gross breakeven point.

The report noted that highly efficient mining operations are expected to remain profitable even at lower hashprice levels, whereas older mining equipment with elevated electricity expenses is likely to be taken offline.