Small miners are leaving the game

At the end of May, the maximum bitcoin hashrate was recorded at 657.252 exahash per second (Eh/s).

However, the beginning of summer was not favorable for miners, as the hashrate dropped to 566 Eh/s (according to Blockchain).

Pool activity is extremely weak, as many small miners are disconnected from the network.

After the halving, the block reward is 3,125 BTC, and the price of the cue ball is currently below $70,000, this situation has a negative impact on mining profitability.

On June 14, the hashrate, after a short-term recovery, dropped to 586.4 Eh/s.

CryptoQuant indicates a negative correlation between miner reserves and the BTC rate. Miners have been selling crypto since winter.$BTC