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Bitcoin Mining Difficulty Decreases by 7.48% to 116.96 T
Summary: According to reports, Cloverpool data shows that Bitcoin mining difficulty underwent an adjustment at block height 903,168 (2025-06-29 13:23:16), with a 7.48% decrease to 116.96 T. Analysis suggests that this is the largest drop since China banned mining in 2021. This decline is attributed to U.S. miners shutting down in extreme heat and unconfirmed reports ...
According to reports, Cloverpool data shows that Bitcoin mining difficulty underwent an adjustment at block height 903,168 (2025-06-29 13:23:16), with a 7.48% decrease to 116.96 T. Analysis suggests that this is the largest drop since China banned mining in 2021. This decline is attributed to U.S. miners shutting down in extreme heat and unconfirmed reports of power outages, which have affected Iranian miners contributing 4% of global hash rate.