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This is by far the most brutal Bitcoin miner capitulation since 2016 and possibly ever. Hash Ribbons capitulation has captured the lowest Bitcoin hash rate reading of 2022 as miners bankrupt and default under pressure of squeezed margins globally.

Bitcoin Reddit

More / Bitcoin Reddit 12/28 94 Views

This is by far the most brutal Bitcoin miner capitulation since 2016 and possibly ever. Hash Ribbons capitulation has captured the lowest Bitcoin hash rate reading of 2022 as miners bankrupt and default under pressure of squeezed margins globally. submitted by /u/azlanbull
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