Bitcoin Difficulty Jumps 7.15%, Hashprice Drops 18%

Bitcoin's difficulty rating has increased by 7.15% to 133.87 trillion, making it more challenging for miners to discover new blocks. This adjustment took place on June 26 at block height 955,584 and marks the second-largest increase of the year. The difficulty rating represents how hard it is for miners to find a valid hash, with each additional leading zero making the odds exponentially tougher.

The rise in difficulty comes as bitcoin's value has fallen 43% over the past 12 months and now sits 51% below its all-time high of $126,000. Hashprice, or the expected value of one petahash per second (PH/s), has dropped by 18.34% to $28.68 in the last 30 days.

The miners are still operating at a hashrate near 1,000 EH/s, with some holding on to their equipment despite thin margins or losses. Many are betting on a cyclical recovery and future BTC accumulation, rather than shutting down entirely.