Bitcoin mining difficulty drops by 10.09%, marking one of the largest single adjustments in 2026

Odaily reported that Bitcoin has completed its latest difficulty adjustment at block height 953,568, with a decrease of -10.09% (from 138.96T to 124.93T). This ranks as the 11th largest single adjustment in history and the second largest since 2026. Additionally, this adjustment cycle lasted approximately 15.6 days, notably longer than the theoretical 14-day target, reflecting a recent temporary reduction in network hashrate.

Analysis suggests that the approximately 15% price correction in June compressed miners' profit margins, leading some hashrate to exit the network. This triggered the significant downward adjustment, bringing mining difficulty back towards a balanced level.