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Bitcoin Miners Face Capitulation Risks as Hash Rate Stagnates and Prices Decline

Bitcoin Miners Face Capitulation Risks as Hash Rate Stagnates and Prices Decline


CoinOtag
2024-06-23 13:33:00

The Bitcoin mining community faces heightened scrutiny as speculation about miner capitulation increases amid rising operational costs and a declining asset price. Key analysts, including James Check, have weighed in on the potential selloff, evaluating various metrics to assess the stress levels on miners. A notable detail is the potential capitulation point as miners grapple


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