Mining difficulty drops 1.20%, Bitcoin network enters adjustment cycle

According to the latest block data, on the afternoon of January 8th, Bitcoin completed the mining difficulty adjustment for this cycle at block 931,392. The adjustment was relatively moderate, with the difficulty decreasing to 146.47 T, a drop of 1.20%.

Network Hash Rate Remains Stable

From a hash rate perspective, the current seven-day moving average hash rate of the entire Bitcoin network remains at approximately 1.06 ZH/s. Although the difficulty has eased, this reflects that the network is still seeking a new balance point.

Short-term Changes in Mining Costs

The decrease in difficulty generally indicates that mining rewards per unit of hash rate will improve. For small and medium-sized miners, this adjustment may reduce operational cost pressures and make mining economics relatively better.

Market Signal Interpretation

Difficulty adjustment is a manifestation of Bitcoin’s adaptive mechanism. When hash rate fluctuates, the network automatically adjusts difficulty to maintain block generation times, ensuring overall ecosystem stability. This decrease also suggests that some hash rate may have gone offline or migrated recently.