miner

Bitcoin miner troubles reveal this about the state of BTC mining

Journalist Posted: September 7, 2023 Bitcoin miners face some pressure but current market conditions could still be considered workable. Bitcoin miner reserves stand at a premium compared to YTD lows. The state of Bitcoin mining often reflects on how the network is fairing, as well as the level of market activity at any given time. …

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Bitcoin: Should miner capitulation be a cause for concern?

Bitcoin capitulation was relatively low in the last five years. Rising difficulty and hash rates could add selling pressure on miners. Over the last week, the price of Bitcoin[BTC] dropped below the $30,000 mark, causing uncertainty in the market. Many speculators believe that if BTC’s price falls further, it could impact various sectors of the crypto …

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