Recently, it has been noticed that Bitcoin mining difficulty has experienced a significant drop, the largest adjustment since 2021. It seems that many miners are starting to exit the market due to cost pressures, and mining profits are indeed being squeezed.

In this situation, overall participation in the mining ecosystem is decreasing, and the difficulty adjustment is actually a market self-regulation process. But for miners who are still holding on, short-term mining profits may still be relatively tight. It is worth continuing to observe subsequent difficulty adjustments and miner trends.