The difficulty dip offered a fleeting window of relief, but forward-looking models already point to an upward retarget, signaling that the pressure on miners is far from over.
The slight difficulty drop isn’t a turning point; the surging hashrate outpacing block-time targets is a designed side-effect.
The net effect is that smaller operators continue to be squeezed out, while the biggest farms consolidate their lead via newer rigs and cheap power. Forty-eight hours after the adjustment, the hashrate has retreated slightly to 926 EH/s, likely as smaller miners struggle to compete.
Across the globe, America holds a significant hashrate lead at 36% of the network, followed by Russia and China with 15% and 13.7%, respectively.
