According to Odaily Odaily, Bitcoin has completed its latest difficulty adjustment at block height 953,568, with a decrease of -10.09% (138.96T → 124.93T). This is the 11th largest single difficulty adjustment in history and the second largest drop since 2026. Furthermore, the adjustment period was approximately 15.6 days, significantly longer than the theoretical target period of 14 days, reflecting a recent period of offline hashrate.
Analysts believe that the approximately 15% price correction in June squeezed miners' profit margins, causing some computing power to leave the network, thus triggering this significant downward adjustment and bringing mining difficulty back to an equilibrium level.
