Bitcoin mining difficulty drops 10% in 11th largest downward adjustment
Summary
Bitcoin mining difficulty fell 10.09% on Sunday, dropping from 138.96 trillion to 124.93 trillion in the biggest decline since 2026’s start and the 11th-largest ever. The adjustment came after a 15.6-day epoch, suggesting some mining power went offline as Bitcoin’s price fell about 15% in June and miner margins tightened. Network hash rate is now about 886 EH/s, down 12% this month and 23% from October’s peak. The lower difficulty makes block mining easier and lifts revenue per machine; remaining miners are earning about 9% more per rig. Hashprice also rose 13% to about $33 per PH/s per day, moving more miners toward breakeven. A small difficulty increase of 1.69% is expected at the next adjustment on June 27.
