Bitcoin mining just took a big hit #Bitcoin’s mining difficulty dropped 11%, the largest negative adjustment since China’s mining ban in 2021 and one of the biggest ever. Hashrate is down roughly 20% over the past month, hit by a sharp $BTC price drawdown and widespread miner shutdowns during Winter Storm Fern in the U.S. Some estimates say around 200 EH/s went offline. At the same time, miner economics are under real pressure. Hashprice just hit an all-time low near $33/PH/day, putting most older machines underwater and leaving only the newest rigs comfortably profitable. The difficulty drop gives remaining miners some relief, but whether that actually helps depends on where $BTC price goes next.