Bitcoin Difficulty Drops 3.2% as Miners Curtail 4.8 GW Ahead of Winter: Hashprice at $42

2026-10-31, FP360 — Bitcoin's network difficulty fell 3.2% to 85.4 trillion at block height 912,384, the largest downward adjustment since June, after miners curtailed an estimated 4.8 gigawatts of capacity. The coordinated pullback, driven by autumn demand-response programs and hashprice languishing near $42 per PH/s, tightens near-term sell pressure. BTC trades at $68,200, up 2.1% on the day, as the market prices a supply-demand reprieve.

The Signal: Miner capitulation is a contrarian buy signal: reduced sell pressure and falling difficulty often precede price recoveries.

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Originally published on FINPULSE 360