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BlockBeats reports that on November 7, Bitcoin mining difficulty has been below the historic high of 155.97T set on October 29, 2025, for 374 days, marking the longest duration in network history, surpassing the 364-day record after the 2011 crash and the 253 days following China's 2021 mining ban. Economist Saifedean Ammous points out that the price retracement in 2011 and the Chinese mining ban did not last as long as this period, calling it a new era for Bitcoin mining. The difficulty hit a low of 124.93T in mid-June 2026, about 20% below the peak. Although there was a rebound in October with difficulty rising to 148.36T, Mempool.space expects it to drop again by about 3.7% around November 13, further delaying a new high. The report states that pressure comes from the depressed Bitcoin price and listed mining companies selling Bitcoin and shifting to AI, while the Democratic Party's push for data center restrictions after the midterm elections may also impact mining companies.