Analyst Disputes Bitcoin Miners’ Capitulation Post-Halving
Known by the pseudonym Checkmatey, Glassnode analyst James Check questioned the notion of Bitcoin miners capitulating after the halving, though he acknowledged they are “treading water.” “We are in a period of ‘Difficulty Ribbon’ inversion, and blocks are being generated 14 seconds slower than they should be. This indicates there is less hash rate in […]