Bitcoin mining difficulty falls 11.16% as hashrate drops and storm Fern hits US miners

Bitcoin’s mining difficulty declined by about 11.16% at block 935,429, marking the largest single adjustment drop since China’s crypto mining crackdown in 2021. Difficulty currently stands near 125.86 T and is projected to fall again on February 23 to around 112.7 T, alongside a hashrate pullback linked to a broad market downturn and weather-related shutdowns of U.S. miners.