Quick Take CryptoSlate’s analysis sheds light on the anticipated hash rate adjustment, with historical trends indicating a potential 20% decrease post-halving. Past cycles reflect significant hash rate corrections: 39% in 2012, 11% in 2016, and 26% in 2020. As of 2024, we’ve observed a 6% decline so far, taking the hash rate from 649 eh/s […]
The post Bitcoin faces potential miner capitulation as hash rate continues to drop appeared first on CryptoSlate.
Go here to Read this Fast! Bitcoin faces potential miner capitulation as hash rate continues to drop
Originally appeared here:
Bitcoin faces potential miner capitulation as hash rate continues to drop