Bitcoin Mining Difficulty Falls 10% As Hashprice Tops $30

Bitcoin mining difficulty has undergone its second-largest downward difficulty adjustment this year, following February’s 11% shift. Bitcoin mining difficulty dropped by 10.09% on Sunday, marking the blockchain’s 11th-largest downward adjustment and easing some of the pressure on miners. Galaxy Research [said](https://x.com/glxyresearch/status/2065957161612542120) that mining difficulty fell from 138.96 trillion to 124.93 trillion at block 953,568 on Sunday, the second biggest drop of 2026 and a 20% decrease from its peak in November. The price of Bitcoin (BTC) has fallen by around 15% so far in June, which has “squeezed miner margins,” Galaxy said. It added that the epoch, the time between when mining difficulty is adjusted, ran for 15.6 days, above the typical 14 days, as hashrate came offline. Mining difficulty keeps block production stable even as the amount of mining power on the network changes. Total hash rate, or the amount of mining computing power, is currently 886 exahashes per second (EH/s). It has fallen 12% so far this month and is down 23% from its peak in October, [according](https://www.blockchain.com/explorer/charts/hash-rate) to Blockchain.com. The remaining miners now earn around 9% more per machine, [according](https://x.com/MerlijnTrader/status/2066113428494975190) to crypto trader Merlijn Enkelaar. The highest ever difficulty drop was in July 2021, after China’s ban on mining and a following exodus.