BTC mining difficulty drops 9.13%, biggest decline since June

According to Bitcoin explorer Mempool, BTC mining difficulty fell 9.13% from the previous adjustment to 134.82 trillion at block height 975744, recorded 32 minutes ago. It marked the biggest drop since June 14, when difficulty fell 10.09%. A decline in Bitcoin mining difficulty reflects the network automatically lowering the computational threshold as a drop in hash rate slows block production. It also indicates miner exits amid weaker prices or rising costs, while improving profitability for remaining miners and easing selling pressure.