Bitcoin News

Difficulty Drops, Price Rises—Bitcoin Mining Is Profitable Again

Nana K.
20 April 2026 2 min read

Mining bitcoin has become profitable again. After the latest difficulty adjustment, mining difficulty decreased, and hashprice returned to levels seen in early February.

On April 17, mining difficulty fell 2.43% to 135.59 trillion. This means miners now need to compute approximately 135 trillion hashes on average to mine one block (3.125 BTC$62,302.00). At the same time, Bitcoin (BTC) price has risen 6% over the past month, further boosting profitability.

Read also: Bitcoin on April 20—BTC Trades Near $75,000 Amid Iran Uncertainty

As a result, hashprice climbed above $36 per PH/s per day on April 18—the highest since January 31. At the time of writing, it sits around $35.

Contents
  1. 1.Bitcoin Miner Activity
  2. 2.How Is the Mining Industry Doing?

Bitcoin Miner Activity

The average global hashrate responded with an increase, reaching 1,070 EH/s over the past 24 hours. Throughout March, the figure fluctuated between 960 and 990 EH/s.

The largest contributor to the network is the US-based pool Foundry USA at 29.3%. It is followed by AntPool (18.6%), F2Pool (11.4%), ViaBTC (10.5%), and SpiderPool (about 7%).

Since the start of 2026, over 110 days, miners have mined approximately 49,500 BTC, valued at roughly $3.6 billion at current prices.

Related: Bitcoin Mining Shift to AI Threatens Blockchain Security Outlook

How Is the Mining Industry Doing?

Despite the recovery in profitability, US public miners continue to actively sell their mined bitcoin. According to CryptoQuant, their aggregate reserves have declined from 1.862 million to 1.801 million BTC since the start of the current cycle.

Experts attribute the selling to the AI boom. Many data center operators are shifting capacity from mining to high-performance computing, which currently yields higher profits. Meanwhile, users of the Chinese pool AntPool are actively accumulating BTC.

Earlier this year, public miners set an anti-record by selling more than 32,000 BTC in the first quarter—more than they sold in all of 2025.

Check Out our Mining Cryptocurrency Calculator—Check Profitability in Seconds

Nana K.

Crypto journalist and content creator specializing in market analytics, regulatory developments, and the social impact of cryptocurrency. With experience at BeInCrypto and Cointelegraph, she covers both breaking news and creative…