The Bitcoin network is experiencing an unprecedented "hash rate decline." Affected by the weakening price of the coin, reduced mining revenue, and the shift of funds and electricity resources to artificial intelligence (AI) computing needs, the Bitcoin mining difficulty has fallen by about 14% from its peak this year. This is the second time in history that it has fallen below the level of the same period of the previous year, reflecting a significant decline in global mining hash rate.
August 3, 2026 126
