2026-01-19 13:11:36

The Bitcoin mining industry has recently come under significant pressure. Since reaching its peak in October last year, the total network hash rate has dropped by approximately 15%. Miners are gradually shutting down their machines as profit margins are squeezed.

Specifically, the hash rate has fallen from a peak of 1.1 ZH/s to the current 977 EH/s. This decline is not an isolated phenomenon—Bitcoin mining difficulty is expected to decrease by about 4% again on January 22. Calculations show that this is the seventh adjustment out of the past eight.

From a technical perspective, the Hash Ribbon indicator still signals miners' exit. Although market participants have different expectations for the future, the current reality is that the wave of miner shutdowns continues, and the competitive landscape of hash rate is being reshaped. This period is a critical moment for both capital providers and mining pool operators.

BTC-2,07%

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MechanicalMartel

· 7h ago

The shutdown wave is coming, indicating that the bottom is not far away. Is this the opportunity to scoop the bottom?

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AllInDaddy

· 7h ago

Another wave of miners fleeing, now it's the big capital's turn to scoop up the bottom.

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ZenChainWalker

· 8h ago

Miners are really struggling this time, the shutdown wave is coming --- It's another cut, looks like it's time for a wash --- Difficulty has decreased 7 times in a row, this rhythm feels off --- Hash Ribbon is speaking, does anyone still not believe? --- Hash rate has dropped 15%, this is the real market test --- In this critical game phase, is someone taking the opportunity to buy the dip? --- The exit signals are so obvious, should you hold the miners or cut losses? --- With each adjustment, can this mining business still be done? --- The competitive landscape is reshaping, are big pools about to harvest small and retail miners? --- Profits have been squeezed almost to the limit, how to play it from here

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SmartContractPlumber

· 8h ago

The computing power has been adjusted downward 7 times. These guys need to learn auditing—if the pool permission controls are misconfigured, it's just as deadly as a contract vulnerability.

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SocialFiQueen

· 8h ago

Miners are cutting losses again; this wave of decline is really intense. --- The shutdown wave is coming; how should retail investors survive... --- Difficulty is about to be adjusted downward again, indicating that some can't hold on anymore. --- 7 adjustments? This pace is a bit frightening. --- Capital is bottom-fishing, miners are fleeing; this game of chess is interesting. --- A 15% drop in hash rate sounds like a lot, but it's really just the market clearing out. --- Hash Ribbon has turned red; miners should wake up now. --- This is truly a major reshuffle; those who persist until the end will win.

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