The Bitcoin network has once again adjusted its mining difficulty, reducing the metric by 5% to 127.17 T. This is a natural stage in the algorithm's cyclical adaptation to the current computing power.

Difficulty and Hashrate Dynamics

In mid-June, difficulty plummeted by 10.09%, followed by a rebound of 7.15%. The current value is 17% below the level at the start of the year (148.26 T) and 22% lower than the all-time high of 155.27 T recorded in October 2025.

The average hashrate has recovered to levels above 1 ZH/s, and the block interval has shortened to nine minutes. According to analytical platforms, the smoothed seven-day moving average hashrate stands at 864.4 EH/s. At the peak in October, computing power reached 1.15 ZH/s, but has since shown a steady downward trend.

Miner Economics: Hashprice and Profitability

Against the backdrop of declining difficulty, the hashprice — a key profitability metric — has risen from ~$30 to ~$32 per PH/s per day. This is a partial recovery from the local lows at the beginning of the month (~$27 per PH/s), but the metric remains significantly below the $40 mark, which is considered the approximate breakeven threshold for most miners.

Expert comment: The drop in difficulty is a classic self-regulation mechanism of the network, which temporarily eases conditions for miners but does not solve the fundamental profitability issues. Given that the hashrate continues to decline from peak values and the hashprice remains below the breakeven threshold, we are observing structural pressure on the industry. This is pushing players toward diversification — transitioning to the AI sector, which is becoming a new trend in the mining industry.