Bitcoin mining difficulty has remained below its peak for 374 days, the longest such period on record.

Huo Xing Finance reports, according to Bitcoin.com, Bitcoin mining difficulty has been below the all-time high of 155.97T set on October 29, 2025, for 374 consecutive days—the longest such period in network history, surpassing the previous records of 364 days after the 2011 crash and 253 days following China’s 2021 mining ban. Economist Saifedean Ammous noted that neither the 95% price retracement in 2011 nor China’s mining ban lasted as long, calling this a new era for Bitcoin mining. Difficulty dropped to a low of 124.93T in mid-June 2026, approximately 20% below the peak. Although there was a rebound in October, raising difficulty to 148.36T, Mempool.space forecasts another decline of about 3.7% around November 13, further delaying a new high. The report attributes the pressure to sluggish Bitcoin prices, publicly traded mining companies selling Bitcoin and shifting focus to AI, as well as potential regulatory constraints on data centers pushed by Democrats following the midterm elections, which may also impact mining operations.