【Galaxy Research: Bitcoin Miners Have Entered the Surrender Phase】Golden Finance reports that on June 21, Galaxy Research posted an analysis on the X platform indicating that Bitcoin miners have entered the "surrender" phase. Currently, Bitcoin mining difficulty has decreased by over 20% from its all-time high, representing the largest difficulty retracement since 2021. Typically, a significant drop in mining difficulty usually means that some miners are exiting the network due to profit pressure, and the market is undergoing a hash rate adjustment phase.

BTC0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned