From CoinTelegraph: 2024-07-06 15:26:19

Bitcoin mining difficulty dropped by 1.27% to 17.35 T. This marks the first decline in difficulty since Oct 2020. Large mining firms should benefit from lower difficulty, potentially increasing profits. Mining difficulty adjusts every 2 weeks to ensure a consistent block time of 10 mins. This drop was anticipated by analysts.

Read more at Cointelegraph: Bitcoin mining difficulty hits lowest level since March as price tops $57K