Much-Feared Bitcoin (BTC) Miner Capitulation Underway – Here’s Why Death Spiral Concerns Are Likely Overblown

A significant portion of Bitcoin (BTC) miners are switching off their rigs in response to the halving. The process, known as capitulation, happens when miners can no longer make a profit by outpacing the electricity and maintenance costs required to power the network. The crypto analytics firm Glassnode confirms that the halving, which implemented a 

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