Bitcoin Hashrate and Network Activity Plummet, Miner Capitulation Looms
2d ago•
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Bitcoin hashrate declined significantly over the last few days, which may result in miner capitulation. Activity on the Bitcoin network also fell significantly. A key indicator of the Bitcoin [BTC] network’s processing power, the hashrate drawdown, has plunged to its lowest point since December 2022. Bitcoin hashrate drops to lowest level since December 2022, sparking […]
2d ago•
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