Key facts
- Bitcoin mining difficulty dropped 10.09% to 124.93 trillion.
- This is the second-largest negative adjustment of 2026.
- The adjustment was triggered by a 15% price decline in Bitcoin in June, squeezing miner margins.
- The difficulty cut increases Bitcoin production per unit of hashrate by about 11%.
- Spot hashprice recovered to over $30 per petahash per second per day.
Bitcoin mining difficulty has decreased by 10.09%, marking the second-largest downward adjustment of 2026 and bringing the difficulty to 124.93 trillion. This retargeting occurred at block height 953,568, following a roughly 15% decline in Bitcoin's price during June, which compressed miner profit margins. The reduced difficulty eases pressure on miners, making it easier to mine blocks and increasing the Bitcoin produced per unit of hashrate by approximately 11%. The network's seven-day average hashrate stands at 894 EH/s. Following the adjustment and a recent price bounce, spot hashprice has recovered to over $30 per petahash per second per day. The estimated average Bitcoin production cost is around $84,300, significantly above the current spot price of approximately $63,780, indicating continued economic challenges for miners, particularly those with older, less efficient equipment.