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The Bitcoin network is preparing to record one of the largest mining difficulty drops in its entire history. According to a new report from Galaxy Research, the prolonged decline in BTC price has led to a fall in miners' profit margins, forcing some players to disconnect their computing power from the network.
Pressure on market participants is being intensified by the extended downtrend. During today's trading session, Bitcoin is trying to find a local bottom, trading around $62,826, up 2.23% over the past 24 hours, but despite a modest daily rebound from the local low, it is still down 15% since the beginning of June.
According to analysts' estimates, against this backdrop of price stagnation, the automatic adjustment this coming Saturday, June 13, 2026, at block 953,568, will lower Bitcoin mining difficulty by 10.3%.
The upcoming decline clearly illustrates Bitcoin's built-in self-regulation mechanism. When the asset's price moves lower, mining becomes unprofitable for many companies. Equipment is switched off, block generation slows down, and the network's algorithm responds by making the task easier.
The current 10.3% decline will become the eleventh-largest negative adjustment in the blockchain's history. As a matter of fact, this is already the second major correction in 2026: earlier, on February 7, the network lowered difficulty by 11.16% because of a price decline and winter storms.
The upcoming event stands alongside the largest stress tests in the industry's history. For comparison, the top five deepest difficulty drops are as follows:
- -27.94% on July 3, 2021 - China's full mining ban and the exodus of companies.
- -18.03% on October 31, 2011 - The collapse of the first major bubble.
- -16.05% on November 3, 2020 - Seasonal migration of hash power from Sichuan.
- -15.97% on May 30, 2021 - The first strict crackdown by China's State Council.
- -15.95% on March 26, 2020 - Pandemic-driven market panic.
Is Bitcoin dropping to $31,500?
The correction expected this weekend will allow the remaining market participants to reduce the cost of mining each block and stabilize block times back toward the target level of 10 minutes.
If bearish pressure intensifies and the current horizontal volume shelf around $62,000 fails to hold, the key global support level, based on the historical volume profile, is located much lower - in the range between $25,500 and $31,500 per BTC.
Dan Burgin
U.Today Editorial Team
