Recent developments in the Bitcoin mining industry suggest a significant financial squeeze due to decreased network fees and halved block rewards.<
It is no secret that Bitcoin miners are currently experiencing significant financial stress, especially following the completion of the fourth halv
On-chain data shows the Bitcoin mining hashrate has declined to the lowest since early March.
An analyst explained that Bitcoin has historically seen recovery from bearish phases like the one the cryptocurrency is going through.
On-chain data shows the early Bitcoin miners have participated in a large amount of profit-taking inside the recent price range of the asset.
