Bitcoin mining difficulties fell 10.09% on Sunday, marking the 11th largest downward correction on the blockchain and easing some of the pressure on miners.

Galaxy Research he said mining difficulty dropped from 138.96 trillion to 124.93 trillion on Sunday in block 953,568, the second-biggest decline in 2026 and a 20% decline from the peak in November.

The price of Bitcoin (BTC) has fallen by about 15% so far in June, which has “reduced miners’ margins,” Galaxy said. He added that the epoch, or time between adjusting mining difficulty, lasted 15.6 days, longer than the typical 14 days when the hashrate stopped working.

Mining difficulty keeps block production stable even as the amount of mining power on the network changes. The decline means that Bitcoin miners will have an easier time mining blocks because falling hashrate means less competition.

Bitcoin’s historical difficulty is failing, with the decline on Sunday marked in orange. Source: Galaxy Research

The total hash rate, or amount of mining processing power, is currently 886 exahashes per second (EH/s). It’s down 12% so far this month and 23% from its high in October, According to to Blockchain.com.

The remaining miners now earn about 9% more per machine, According to to cryptocurrency trader Merlijn Enkelaar.

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Bitcoin mining difficulties fell by more than 11% in February due to storm restrictions and a 25% drop in the BTC price. The highest-ever decline in difficulty occurred in July 2021, following China’s mining ban and subsequent exodus.

The next difficulty adjustment is expected on June 27 for Coinwarz anticipation a slight escalate of 1.69% to approximately 127 trillion.

Hashprice returns to above $30

The Hash Price, which quantifies how much a miner can earn from a given amount of hashrate, has increased by 13% as a result of the difficulty drop and is now $33 per petahash per second per day. According to to the hashrate index.

This is an significant threshold because it pushes more miners towards break-even, The Energy Mag reported on Saturday.

It said competent mining fleets will continue to generate profits at a lower hash price, while older generation machines, which have higher electricity costs, will likely be shut down.

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