According to Glassnode data, miner capitulation began in early February. Bitcoin is down over 4% month-to-date. Historically, when this metric signals capitulation, it has marked local price bottoms.
Bitcoin mining difficulty drops 2.6% as hashrate declines. Reduced pressure on miners may limit BTC selling and stabilize ...
Difficulty adjustments every 2,016 blocks help maintain a consistent 10-minute block time, preventing rapid inflation and network overload. In October 2024, Bitcoin mining difficulty hit a record high ...
It takes a lot of electricity to mine Bitcoin. When electricity costs are high, it can be unprofitable to mine. The coin has a built-in mechanism to help that situation translate into higher prices.
It takes a lot of electricity to mine Bitcoin. When electricity costs are high, it can be unprofitable to mine. But there are a few creative ways to figure out if Bitcoin is overpriced or underpriced ...