Just caught something interesting on the mining side. Bitcoin's hash rate hit 912 EH/s last week, up from 835 EH/s, but here's the thing - BTC price actually dropped to around $78.4K with the market swinging between $75K and $79K. That's a weird disconnect, right? When hash rate climbs but prices fall, it usually means trouble for miners. Looks like a bunch of S21 and Antminer rigs are hitting their shutdown points now. The math doesn't work anymore for a lot of operations. Saw that Cango Inc. reported holding over 7,400 BTC, but with bitcoin mining cost squeezing margins like this, you'd expect some forced selling pressure soon. When miners can't stay profitable, they dump. Worth watching if we see a dip from here.

BTC2.79%
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