News

Bitcoin Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant

Two signs of miner capitulation are dwindling hashrate and mining revenue by hash (hashprice), both of which are down significantly this month, with hash rate plunging by 7.7% since the halving at hashprice nearing all-time lows. Hashrate is the mining power in the Bitcoin network, and hash price refers to the revenue miners earn from a unit of hashrate.

SOURCE

Leave a Comment

s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a s3a