Bitcoin Mining Difficulty Drops 10% as Hashprice Surpasses $30

The Bitcoin mining difficulty adjustment has dropped by 10.09% to 124.93 trillion, marking the blockchain's 11th-largest downward adjustment ever and the second biggest drop of 2026.

This significant decrease comes as a result of a prolonged epoch between difficulty adjustments, which lasted 15.6 days, longer than the typical 14-day period. The hashrate came offline during this time, contributing to the drop in mining difficulty.

The price decline of Bitcoin has squeezed miner margins, with a roughly 15% fall in June affecting their profitability. However, remaining miners now earn around 9% more per machine due to less competition on the network.

Hashprice, which measures expected miner revenue per unit of hashrate, climbed 13% following the adjustment and currently sits at $33 per petahash per second per day. This significant threshold pushes more mining operations to a gross breakeven point, making it challenging for older-generation machines with higher electricity costs to remain profitable.