Bitcoin Mining Difficulty Has Stayed Below Its Peak for 374 Straight Days, the Longest Streak in History

November 7: According to Bitcoin.com, Bitcoin mining difficulty has remained below the all-time high of 155.97T set on October 29, 2025 for 374 days, the longest such stretch in the network's history, surpassing the 364-day record set after the 2011 crash and the 253 days following China's 2021 mining ban.

Economist Saifedean Ammous noted that neither the 95% price drawdown in 2011 nor China's mining ban lasted as long as this episode, calling it a new world for Bitcoin mining. Difficulty fell to a low of 124.93T in mid-June 2026, about 20% below the peak. Although it rebounded in October, with difficulty rising to 148.36T, Mempool.space expects another decline of roughly 3.7% around November 13, pushing a new high further out. The report said the pressure comes from weak Bitcoin prices and listed mining companies selling Bitcoin and pivoting to AI, while Democrats' push for data center restrictions after the midterm elections could also affect miners.