Bitcoin miners can take fresh 20% BTC price hit before capitulating, data shows By Cointelegraph

Related articles

© Reuters.

The (BTC) mining enterprise is greater than ever at present worth ranges, and new information exhibits simply how unlikely a mass miner sell-off actually is.

As famous by fashionable Twitter (NYSE:) account @venturefounder on Jan. 14, even at $42,000, the buying and selling pair is round 20% above miners’ price worth.

Bitcoin manufacturing price annotated chart (screenshot). Supply: @venturefounder/Twitter
Bitcoin hash charge chart. Supply: Blockchain