- Bitcoin mining difficulty plunged by 10.09% on Sunday, marking the network’s 11th-largest downward adjustment.
- The drop comes as Bitcoin’s price has fallen around 15% in June, squeezing miner margins and causing hashrate to come offline.
- Consequently, hashprice—a key miner profitability metric—has risen 13% to $33 per PH/s/day, pushing more operations toward breakeven.
- The total network hash rate has declined 12% this month and is down 23% from its October peak.
Bitcoin miners received significant relief on Sunday, June 13, 2026, as the network’s mining difficulty dropped by 10.09%. This marks the second-largest drop of the year and the 11th-largest downward adjustment in Bitcoin’s history, according to Galaxy Research.
The difficulty fell from 138.96 trillion to 124.93 trillion, a 20% decrease from its peak last November. This adjustment occurred after an epoch lasting 15.6 days, longer than the typical 14-day target.
Consequently, remaining active miners will have an easier time mining blocks due to reduced competition. Galaxy Research attributed the change to Bitcoin’s price falling around 15% in June, which has “squeezed miner margins.”
Total network hash rate has fallen 12% this month to 886 EH/s, according to Blockchain.com. This represents a 23% decline from the October peak.
Meanwhile, the profitability metric known as hashprice has increased 13% to $33 per PH/s/day, according to Hashrate Index. This crosses an important threshold for miner breakeven points, reported The Energy Mag.
Consequently, miners with efficient fleets will continue generating profit at this level. Older, less efficient machines facing higher electricity costs are likely to be turned off.
The next difficulty adjustment is expected on June 27. Data from Coinwarz predicts a slight 1.69% increase to around 127 trillion.
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