Bitcoin Hashrate Plummets
Recent data shows Bitcoin's network hashrate has dropped by around 20%. This significant decline has drawn widespread attention across the industry, marking the most substantial fluctuation since 2021.
Mining Difficulty Adjustment
With the decline in processing power, Bitcoin mining difficulty has seen the largest downward adjustment in recent years. This shift is expected to enhance profitability for miners who remain operational.
Less Efficient Miners Are Exiting
Analysts suggest that less efficient miners are gradually leaving the network, further amplifying the downward trend in hashrate. As competition decreases, miners who stay are presented with greater profit opportunities.
- Hashrate decline brings short-term mining benefits
- Industry consolidation accelerates, highlighting advantages of high-quality mining farms
- Market expects gradual balance recovery in processing power