Bitcoin hash rate drops by 15%, miners face a near 60-day stress period

2026-01-19 13:16:51

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Deep Tide TechFlow News, January 19, According to CoinDesk, the Bitcoin network hash rate has decreased by approximately 15% from its October peak, dropping from 1.1 ZH/s to 977 EH/s, indicating that miners are shutting down equipment due to declining profitability. Glassnode’s Hash Ribbon indicator shows that miner stress has been ongoing since November 29, and it is expected that mining difficulty will decrease by another 4% on January 22, marking the seventh negative adjustment in the past eight cycles. Some mining companies, such as Riot Platforms, are shifting towards AI and high-performance computing sectors, selling Bitcoin to fund new investments, further increasing market selling pressure. Historical data shows that miner stress periods are often inverse indicators, usually signaling that Bitcoin prices are about to rebound.

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