On May 2, following a recalculation, the mining difficulty of the leading cryptocurrency dropped by 2.3%, settling at 132.47 T.

Source: CloverPool

The average hash rate at the time of writing is 952.5 EH/s, with the inter-block interval increasing to 11 minutes and 30 seconds.

According to Glassnode, the smoothed 7-day moving average of the network's hash power is around 955 EH/s. In mid-April, it briefly exceeded 1 ZH/s.

Data: Glassnode.

As per Hashrate Index, amidst the declining difficulty, the hash price surpassed $37 per PH/s per day for the first time since late January. 

Data: Hashrate Index.

The largest mining pool remains Foundry USA, holding nearly 31% of the hash rate, followed by AntPool (15%) and SpiderPool (11%). 

Source: CloverPool

Major miners continue to adopt a strategy of liquidating their reserves. Bitdeer has been selling all mined coins for several weeks now. 

Bitdeer #BTC Weekly Update

🔹 BTC Holdings: 0 (pure holdings, excluding customer deposits)
🔹 BTC Output: 186.0 BTC
🔹 BTC Sold: 186.0 BTC
🔹 Net BTC Added: 0 BTC
📅 Data as of May 1, 2026.#Bitcoin #BTC #BitcoinHoldings #BitcoinCommunity #BTCMining $BTDR pic.twitter.com/wvmsEviYqM

— Bitdeer (@Bitdeer) May 2, 2026

In the past week, the company released 186 BTC to the market, reducing its reserves to zero once again. 

It is worth noting that Wintermute specialists have stated that the traditional business model for Bitcoin miners is becoming outdated due to declining profitability.