After four consecutive hikes since March 9, the Bitcoin network was eventually eased. A 3.34% downward adjustment was registered to provide a welcome moment for the miners.
Bitcoin Network sees initial difficulty dropping after four consecutive rises
Bitcoin’s difficulties fell for the first time since March 9, 2025, breaking a four-straight up-adjusting streak over the past eight weeks. At 895,104 block height, the metric slipped 3.34%, from 123.23 trillion to 119.12 trillion. The 119.12 trillion figures indicate the difficulty of Bitcoin Network Mining today. This is a dynamic benchmark that defines that excavating the next valid block is a computational requirement.
The difficulty of Bitcoin by statistics collected by mempool.space.
In practice, this number estimates the amount of hash attempts that the miners have to perform on average, and generates a block hash that satisfies the protocol’s target. Put another way, 119.12 trillion estimates are needed to mine blocks, and the network must be pinned to approximately one block of cadence every 10 minutes, regardless of the total hash power.
Network hashrate, according to HashrateIndex.com on May 4, 2025.
As of Sunday, May 4th, the network is operating hot worldwide at 885.51 exahash per second of hash power. However, even with a difficult reduction at block height of 895,104, block time stubbornly surpasses the target, with an average of 10 minutes and 22 seconds. If this rate applies, another downward difficulty adjustment is expected on May 18th.
Still, the hashrate can shift at any time, compressing block intervals and changing expectations. Meanwhile, miners’ profitability has risen: the estimated daily revenue per petahash per second for Hashpris, or SHA256 calculations, jumped from $45.87 on April 4 to $50.80 today. This revenue retention helped raise the hash power from 824 EH/s on April 27th to the current 885.51 EH/s.