Contagion All Around. Will it Trigger a Miner Shakeout?
It's either hashrate down or price up but, something has got to give...
With Bitcoin price continuing its bearish path and hashrate plateauing, where do we stand when looking at the Bitcoin Mining Cycles? Was the miner capitulation during the summer enough? Or will the contagion following the FTX drama push miners into a final shakeout phase? And where is the Bitcoin mining stock market standing now? What has been the impac…