Bitcoin mining difficulty dropped by 10.09% on Sunday, marking one of the network’s largest downward adjustments this year. The significant decline from 138.96 trillion to 124.93 trillion follows a 15% BTC price drop in June, which pressured miner margins and caused hashrate to come offline. This adjustment, the 11th-largest ever, provides relief to remaining miners by reducing competition for block rewards and increasing their per-machine earnings.
Bitcoin mining difficulty experienced a substantial 10.09% drop on Sunday. This represents the 11th-largest downward adjustment in the blockchain’s history, easing pressure on miners.
The adjustment at block 953,568 lowered difficulty from 138.96 trillion to 124.93 trillion. Galaxy Research said this is the second-biggest drop of 2026 and a 20% decrease from November’s peak.
Bitcoin’s price has fallen around 15% so far in June, which “squeezed miner margins,” according to Galaxy. The epoch ran for 15.6 days, above the typical 14 days, as hashrate came offline.
The total network hash rate has fallen 12% this month. It currently stands at 886 exahashes per second, a 23% decline from its October peak, according to Blockchain.com.
Remaining miners now earn approximately 9% more per machine, according to crypto trader Merlijn Enkelaar. The next difficulty adjustment is expected on June 27.
Coinwarz predicts a slight 1.69% increase to around 127 trillion at that time.
Hashprice has increased 13% as a result of the difficulty dip. It now sits at $33 per petahash per second per day, according to Hashrate Index.
This threshold is significant as it pushes more miners to a gross breakeven point. Efficient mining fleets will continue generating profit, while older-generation machines with higher costs are likely to be turned off.
