Miners are hitting hard times. Bitcoin difficulty spiked 15%, revenues plunged into extreme stress zone ๐
๐ช Major miner Bitdeer didn't wait for "to the moon" and straight dumped all remaining reserves โ 943 BTC.
This is the third mining company in a month cashing out and selling stacks.
๐ Makes you think: if miners aren't holding for a price pump, they're betting on the downtrend continuing.
Source:
What do you think โ true miner capitulation signaling bottom, or just temporary stress? Drop your takes below.
If you liked it โ follow me, I'd be glad to see you in the feed ๐ช