Bitcoin mining difficulty seen falling 9.55%, lifting miners' revenue

Bitcoin's next difficulty adjustment is projected to cut mining difficulty by about 9.55% after the early-June price slide weighed on network hash rate, TheEnergyMag reported. A lower difficulty reduces the computing power needed to produce a block, improving per-hash profitability for miners that remain online. The change is expected to lift BTC output from active hash rate by more than 9% and help drive network hash rate back above $30/PH/s. The pullback in hash rate has been linked in part to some electricity capacity being redirected to high-performance computing and AI data centers.