Bitcoin’s (BTC) hash rate fell 13% on Dec. 27 to 202.17 EH/s from around 240 EH/s recorded on Dec. 26.

The hashrate decline is expected to lead to a 7% to 10% drop in mining difficulty.

BTC’s mining difficulty is near a record high at 35.36T. The estimated decline will see the mining difficulty drop to between 31T and 32T, according to bitrawr.

(By Oluwapelumi Adejumo)