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Aug 1, 2026

Bitcoin Mining Difficulty Plunges 19.9% as Miners Pivot to AI, Three Pools Control 60% of Network

Bitcoin mining difficulty has fallen to 126.23 trillion, down 14-19.9% from 2026's peak in the third-deepest ASIC-era decline, as miners redirect power capacity to AI operations amid plunging revenues. Meanwhile, three mining pools now control approximately 60% of the network hashrate, and SBI Crypto has shut down its Japanese mining pool.

Aug 1, 2026·4 sources
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Top claims

  • ▪Riot Platforms sold 3,778 BTC in the first quarter of 2026 while producing only 1,473 BTC during the same period.
  • ▪Hut 8 signed a 15-year lease for 352 megawatts in Texas, raising its total contracted artificial intelligence portfolio value to $26.6 billion.
  • ▪Following the April 2024 halving, Bitcoin block rewards were reduced to 3.125 BTC per block.

Topics

AI compute & environmental impactBitcoinBitcoin miningMining pool centralizationCompute, chips & AI infrastructureBitcoin security & risks

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