CandleFocus

Bitcoin sees first negative mining difficulty adjustment since September 2024

Bitcoin sees first negative mining difficulty adjustment since September 2024
Bitcoin mining difficulty has declined for the first time in four months, dropping 2.12% on January 27. This decrease in difficulty means it is slightly easier for miners to validate transactions on the Bitcoin network. The decline is likely due to a recent fall in BTC value, which has affected miners' earnings. The decline in difficulty may continue if the hashrate, or available computing power on the network, remains low. Additionally, Bitcoin miners are facing challenges from the success of the Chinese AI model DeepSeek, leading to declines in stock market value for publicly traded miners. However, the performance of publicly listed Bitcoin miners has generally matched the Bitcoin hash price since the halving event.

Related News