Bitcoin Hashrate Falls Below 1 ZH/s Again, Difficulty Drops 2.3% to 132.47T
Bitcoin's network difficulty dropped 2.3% to 132.47 trillion as hashrate fell below 1 ZH/s to 899–958 EH/s, with block times slowing to 10:28 minutes and signaling another potential decline around May 17. The trend started in January with hashrate down 3% to 1,045 EH/s and record-low profitability at $38,700 daily revenue per EH/s, despite U.S. miners' market cap rising 73% to $48 billion. March saw American Bitcoin expand to 28.1 EH/s with over 6,000 BTC treasury and Canaan boost sales 60.9% YoY, but ongoing pressures led to this second consecutive drop. Hashprice improved to $37.52 per PH/s; BTC near $78,600.