With bitcoin prices sliding amid the difficulty cranking up to 150.84 trillion, miners were sweating bullets. That heat finally cooled a bit as the latest difficulty epoch trimmed 2.73% at block 919,296.
This means it is 2.73% easier to find a block than it was yesterday and the 2,016 blocks prior to 919,296. Still, mining revenue isn’t what it was a month ago.
All the difficulty changes since June 29, 2025, via cloverpool.com.
As of Oct. 16, 2025, the hashprice — the estimated value of one petahash per second (PH/s) of Bitcoin’s hashrate — sits around $47.92. Thirty days earlier, on Sept. 16, it was 11% higher at $53.85. The overall hashrate, however, is soaring near its all-time high of 1,109 exahash per second (EH/s), cruising at a hefty 1,104.55 EH/s as of 10:30 a.m. Eastern time on Thursday.
Network hashrate on Oct. 16, 2025, via hashrateindex.com.
Still, blocks are taking their sweet time — averaging about 10 minutes and 21 seconds instead of the expected 10-minute mark. At this pace, the Oct. 30, 2025, difficulty epoch is projected to climb another 3.39%. But with fewer than 60 of the 2,016 blocks mined so far, that current estimate could swing wildly, especially with all that computational firepower blazing away.
For now, miners can enjoy a brief sigh of relief before the next difficulty adjustment rolls in like a freight train. With hashrate blazing near record highs and block times dragging their feet, the reprieve might be short-lived. If bitcoin’s price doesn’t pick up the pace, miners could be sweating through their ASICs again before Halloween — and not just from the heat coming off their rigs.
- What caused Bitcoin’s mining difficulty to drop?
The latest difficulty adjustment at block height 919,296 reduced the metric by 2.73% after months of steady increases. - How does the difficulty drop affect miners?
It slightly eases the computational strain, giving miners a temporary boost in profitability. - What is Bitcoin’s current hashprice?
As of Oct. 16, 2025, the hashprice sits around $47.92 per petahash per second (PH/s). - When is the next difficulty adjustment expected?
The next difficulty epoch is projected for Oct. 30, 2025, with an estimated 3.39% increase if current rates hold.
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