Bitcoin Mining Difficulty Falls 10.09% After Adjustment at Block Height 953,568

Bitcoin completed a mining difficulty adjustment at block height 953,568, lowering difficulty by 10.09% to 124.93T from 138.96T. According to Odaily, the change was the 11th-largest single downward adjustment on record and the second-largest decline since 2026. The adjustment period lasted about 15.6 days, above the theoretical 14-day target, indicating a recent, temporary reduction in network hashrate. Analysts cited an approximately 15% price pullback in June that narrowed miners’ profit margins, leading some hashrate to exit the network and contributing to the difficulty decrease.