Bitcoin Mining Hashrate Steady at 1,000+ EH/s on Nov 2

Difficulty at 148.36T represents the cumulative effect of multiple upward adjustments throughout 2026, including a significant 5.54% rise on October 29.

This adjustment pushed the network to its highest point since early March, requiring miners to expend more computational effort per block. The protocol's automatic recalibration every 2,016 blocks ensures equilibrium, and current estimates point to a modest downward revision of around 1.2% to 1.

68% expected near November 12 or 13.

These figures highlight how hashrate growth has outpaced some price movements, compressing hashprice to roughly $34 per PH per day. Operators monitor these metrics closely alongside electricity rates to fine-tune their fleets.

Leading Mining Pools and Distribution

Pool concentration remains a defining feature of the Bitcoin mining ecosystem on this date. Foundry USA commands the largest share at approximately 26-28% of the network hashrate, translating to roughly 267-282 EH/s. This dominance stems from reliable payout structures and robust infrastructure that attract institutional and retail miners alike.

AntPool follows with 15-22% share, while F2Pool contributes around 15-17%. ViaBTC, Luxor, and SpiderPool round out the top tier with single-digit percentages each. The impending closure of Binance Pool on November 10 is prompting some hashrate migration, potentially reshaping shares in the near term. Overall, the top five pools control over 70% of blocks found recently, illustrating ongoing consolidation.

Miners evaluating options often compare fees, payout methods like FPPS or PPLNS, and minimum thresholds when selecting pools. Established players continue to lead due to their proven track records and lower operational risks.

Energy Efficiency and Operational Trends

Energy considerations drive much of the innovation in mining operations as of November 2, 2026. Break-even electricity prices hover near 10.6 cents per kWh, pressuring operators in higher-cost regions to seek cheaper sources or relocate. Publicly traded miners report combined hashrates exceeding 400 EH/s, with leaders like Bitdeer and Marathon Digital investing in next-generation hardware for better joules per terahash.

Many facilities now integrate renewable sources or co-locate with stranded energy assets to reduce costs and environmental impact. Hash ribbons and other indicators suggest the network has stabilized after volatility earlier in the year. Operators also leverage tools such as the mining calculator to model scenarios based on current difficulty and hashprice.

Technological upgrades in ASIC miners continue to lower power consumption, allowing efficient miners to thrive even as overall difficulty rises. This focus on efficiency supports long-term network security without excessive energy expenditure.

Upcoming Adjustments and Market Implications

The next difficulty adjustment, projected for mid-November, carries an estimated negative change that could ease pressure on miners temporarily. Such fluctuations are routine and reflect the network's adaptive nature in response to hashrate variations. Miners prepare by scaling operations or hedging with futures contracts where appropriate.

Broader trends show transaction volumes and mempool activity influencing fee revenue, which supplements block rewards. With the halving still over 75,000 blocks away, current economics emphasize operational excellence over speculation.

Industry observers note steady participation from global operators, including those in North America and Asia, contributing to hashrate resilience. This distributed effort bolsters Bitcoin's decentralized security model.

Key Takeaways

Bitcoin mining on Monday, November 2, 2026, demonstrates network strength with hashrate above 950 EH/s and difficulty at 148.36T. Leading pools maintain significant influence while efficiency gains help operators navigate costs. The anticipated downward difficulty adjustment offers a potential reprieve, and ongoing tech improvements in hardware promise continued evolution. Miners remain focused on sustainable practices to support the network's growth.