✨️ What Happens When Miners Capitulate?
@ViaBTC
✨️ Miner capitulation is an interesting market phenomenon.
When operating economics deteriorate, some miners may reduce activity, shut down inefficient hardware or move to different infrastructure.
$BTC
That can reduce network hashrate.
If conditions later improve, hashrate can return.
This creates a dynamic relationship between miner economics and network security.
#ViaBTC provides pool infrastructure through which miners participate in this constantly changing environment.
Watching miner behavior can sometimes provide insights that are invisible from price data alone.
✨️👉
viabtc.com
#CryptoMining #MinerCapitulation #Hashrate #Bitcoin