币界网报道:Bitcoin's mining difficulty is set for its steepest drop since July 2021, with a projected 9% adjustment in the next five days following a 30% decline in network hashrate over two weeks. The current hashrate stands just below 700 EH/s, down from recent highs, as summer electricity price spikes in the northern hemisphere prompt miners to idle less efficient equipment. This seasonal pattern mirrors previous years, including the 2021 China mining ban that saw hashrate plunge 50%. The difficulty adjustment will provide relief for miners, with hashprice currently at $51.9 per EH/s. Lower difficulty means miners can earn more for the same computational effort, potentially boosting profitability if Bitcoin's price and transaction fees remain stable. The network's self-correcting mechanism ensures block intervals stay near 10 minutes despite hashrate fluctuations.