The end of the tunnel is approaching for Bitcoin miners, fresh research believes.
“The current miner capitulation began June 7th, 2022, and it has lasted a significant amount of time. It’s important to note that miner capitulations are particularly relevant because it reveals that a large number of machines are no longer hashing,” the firm wrote:
“If there are no new lows in Bitcoin, we should expect the miner capitulation to end in August or September at the latest,” the Newsletter added.When it comes to miners’ return to form, early signals are alreadyWill the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
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