Bitcoin's price touching below the mining difficulty rate is rare—we've only witnessed it near the $15k bottom and around last April. Either the traditional model is breaking down, or the market is due for a significant repricing event. The divergence between these two metrics tells an interesting story about where miners stand and what comes next.
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MultiSigFailMaster
· 17h ago
Damn it, coming up with this again. Do miners really have to eat dirt?
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FarmHopper
· 17h ago
The miners are probably getting anxious; this kind of situation is really rare... Either the pattern is changing, or a big rebound is just around the corner.
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New_Ser_Ngmi
· 17h ago
Has the mining difficulty failed? This time it's really different...
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GasFeeSobber
· 17h ago
Miners are really suffering this time. The deviation between difficulty and price to this extent indicates what? Either the system itself has a problem, or we have to wait for a major event to shake things up. But these days of waiting are just too hard to endure.
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RamenStacker
· 17h ago
The difficulty of mining being broken through sounds even lower than the floor... miners must be feeling really uncomfortable this time.
Bitcoin's price touching below the mining difficulty rate is rare—we've only witnessed it near the $15k bottom and around last April. Either the traditional model is breaking down, or the market is due for a significant repricing event. The divergence between these two metrics tells an interesting story about where miners stand and what comes next.