Bitcoin mining difficulty has been significantly reduced by 7.76%, the second largest decline this year, mining companies have accelerated their shift to AI

Bitcoin mining difficulty has been adjusted at the block height of 941,472, and the mining difficulty has been reduced by 7.76% to 133.79T; currently, the average computing power of the entire network in the past seven days is 937.76EH/s. The second largest decline this year, second only to the sharp cut of 11.16% on February 7. Analysts at JPMorgan estimated in February that Bitcoin mining costs had dropped from $90,000 to $77,000 as high-cost operators exited, but were still higher than spot prices. This difficulty reduction is not only a reflection of cyclical price pressures, but also reflects structural changes. More and more listed mining companies are shifting their infrastructure from Bitcoin mining to AI computing power business. CoreScientific said it expects to sell most of its Bitcoin treasury positions in 2026 to fund AI and high-performance computing expansion;Bitdeer cleared all its Bitcoin reserves to zero in February, and as of March 21, Bitdeer's Bitcoin holdings remain zero. Companies such as Cango, Riot Platforms, TeraWulf, IREN, CleanSpark and Bitfarms have all developed similar diversification strategies in recent quarters.