On March 23, Bitcoin mining difficulty decreased by approximately 7.76% to 133.79T, marking the second-largest negative adjustment in 2026. The current global network hashrate has declined to approximately 903–948 EH/s, representing a significant decrease from the 2025 peak.

Analysis indicates that amid coin prices falling below production costs and squeezed mining profits, a large number of miners are redirecting their infrastructure toward AI and high-performance computing businesses, driving structural transformation in the industry. Mining companies including Core Scientific and Bitdeer have accelerated their transition, which could potentially impact Bitcoin network long-term security and hashrate landscape.#Gate13周年全球庆典