❗️Important Miners statistics
I will update this one every week while we are hanging below 10k.
New difficulty level turned out to be a bit lower due to a hash rate drop. Still, the Revenue
is really low despite huge transaction fees - more than $5
It's getting clear that $9k level is NOT comfortable
for Miners. As the price is stuck between the global ascending support and 10k resistance, Miners are at the crossroads
. If $BTC breaks above 10k, they are safe, but if Bitcoin break the support and form a downtrend, Miners are in danger
In case of a BTC dump, I expect almost all individuals to stop mining
. This can lead to a Chinese monopoly
- sounds weird when you talk about decentralized Bitcoin, isn't it?
Anyway I really hope that the correction won't last long.