Bitcoin Miners Are Doubling Down

With all the current landmarks and the total economic certainty revolves around both Bitcoin and the broader global economy, it may be surprising to see miners ever. In this article, we will empty the data that indicates that bitcoin miners do not remain in the course, but rather rush, and multiply at a time when many retreat. What exactly do they know that the broader market may be missing?

To take a more deep look at this topic, check out the recent YouTube video here:
Why are bitcoin mines double now?

Bitcoin is equivalent

Although the last bitcoin price, Bitcoin retail It was completely vertical, breaking its highest levels ever without any consideration of the overall opposite winds or slow -price procedures. Usually, the retail rate is closely related to the BTC price; When the price decreases sharply or remains stagnant, the retail rate tends to the plateau or decrease due to economic pressure on miners.

However, now, in the face of the growing global definitions, economic slowdown, and the unified BTC price, the retail rate accelerates. Historically, this level of difference between the retail rate and the price was rare and often important.

Bitcoin workers workers are difficultCousin is close to the retail rate, I just saw one of his largest individual amendments in history. This scale, which is automatically adjusted to keep the timing of the Bitcoin mass in consistently, is increased, only when the most arithmetic energy is overwhelmed. The high difficulty of this size, especially when he paired with the performance of weak prices, is unprecedented.

Again, this indicates that miners invest extensively in infrastructure and resources, even when the BTC price does not seem to support the short -term decision.

Add more conspiracies, Retail strips indexA mixture of average average long -term retail rate, recently flashing a classic bitcoin purchase.

When the moving average for 30 days (the blue line) crosses over 60 days (purple line), it indicates the end of surrender from miners and the beginning of the power of renewable miners. Visually, the background of the scheme from red to white is turned when this intersection occurs. This is often distinguished by strong turning points for the BTC price.

This time, this time is the extent of the 60 -day moving average rise. This is not just a modest recovery. It is a statement from mines that they are betting heavily on the future.

Tariff

So, what is the madness of miners? One of the reasonable explanations is that miners, especially those who rely on the United States, are trying to direct the impact of the definitions waving on the horizon. Bitmain, the dominant mining equipment product, is now at the intersection of commercial policies that can see equipment prices rise by 30-50 %, and perhaps even more than 100 %!

Given that more than 40 % of the Bitcoin division is controlled by US -based gatherings such as Foundry USA, Mara Pool and Luxor, any cost increase will significantly reduce profit margins. Miners may be firmly expanding while the devices are still cheap and available.

Bitcoin miners continue mining

RetailBTC's revenues for each Terrah of mathematical energy, at the lowest historical levels. In other words, it was never less profitable with BTC terms to operate a Bitcoin mine worker based on both Tehhash. We usually see an increase in retail prices towards the end of the bear markets, as the competition fades and the weakest players come out of the space.

But this does not happen here. Despite the terrible profitability, miners not only remain on the Internet, but also spread more retail power. This can mean one of two things. Either miners against the deteriorating margins of the anterior BTC accumulation compete, or more optimistic, have a strong conviction in the future profitability of Bitcoin and bought the decline strongly.

Bitcoin miners workers

So what really happens? Either miners are the costs of the front -managed devices, or most likely, they indicate one of the strongest collective sounds of confidence in the future of Bitcoin that we saw in modern memory. We will continue to track these standards in future updates to see if this condemnation that has been properly proven.

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Liability: This article is intended for media purposes only and should not be considered financial advice. Always perform your research before making any investment decisions.