Bitcoin Mining Difficulty Hits 18.5% Below Peak Since China Ban

The Bitcoin mining difficulty has dropped to its lowest level since the China ban in 2021, marking an 18.5% decrease from its peak.

This significant decline is a result of decreased mining activity and lower cryptocurrency prices, which have made it less profitable for miners to participate in the network.

The current mining difficulty stands at a level that has not been seen since the China ban, which had a profound impact on the global Bitcoin mining landscape.