Bitcoin (BTC) miners continue to surrender as the network's hashrate experiences its strongest decline since 2022. In recent months, miner activity has begun to show signs of capitulation, jeopardizing the cryptocurrency's security.
As reported by Finbold on June 14, #bitcoin miners have recorded a two-year low in #BTC holdings, which is a sign of speculation. The report also emphasizes that the average cost of #mining has exceeded the revenue generated and companies are running short of funds.
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