Bitcoin Mining Difficulty Drops Sharply by 11.16% – Biggest Decline Since China's 2021 Ban
The Bitcoin network has just undergone a significant 11.16% difficulty adjustment. The current difficulty has dropped to 125.86 trillion (TH), occurring at Block 935,424 on February 7, 2026. This is the largest single-time adjustment since China banned Bitcoin mining in 2021. According to data from Bitcoin developers, this is also among the top 10 largest percentage drops in the network's history.
The main reason is that the network's hashrate has decreased by about 20% in the past month. The price of Bitcoin has plummeted from its peak of $126,000 to the $60,000-$70,000 range, causing Mining profitability to drop significantly. High electricity costs and the Winter Storm Fern in the US also forced many miners to shut down their machines, disrupting operations.
Although this reduction puts significant pressure on miners (many companies have had to cease operations due to Dip profits), it also offers temporary benefits. Lower difficulty makes it easier for remaining miners to Mining , slightly improving profitability.