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Bitcoin mining difficulty drops 14% from this year’s high

Difficulty is at 126.23 trillion, about 1.1% below a year ago, reflecting weaker mining economics and an expected lack of revenue recovery through December.

Reported · Written up by our desk · Market Structure

Bitcoin mining difficulty has fallen about 14% from this year’s high, sitting at 126.23 trillion, according to CoinDesk. The metric was down 0.74% in the most recent adjustment cycle and is about 1.1% lower than the 127.62 trillion level reached a year earlier.

CoinDesk attributes the drop to weak mining economics and reduced competition as some capacity comes offline, alongside capital shifting toward AI and high-performance computing. Mining difficulty adjusts every 2,016 blocks, about every two weeks, to help keep Bitcoin’s average block time near 10 minutes.

The outlet reports that forward pricing points to limited relief. Hashprice, a measure of expected miner revenue per unit of computing power, fell to $27.66 per petahash per day in late June, and while it has since risen to $31.7, Luxor’s forward market averages $31.85 through December, only modestly above recent spot levels.

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