If Bitcoin plunges below $10,000, 50% of all miners will not be able to mine the cryptocurrency at a profit
New-gen miners are showing some profitability as their processing power is higher, as is the volume of mined coins. The analyst estimates that 50% of existing miners will have issues with operating profitably at $10,000.
network less secure and potentially unstable until the mining difficulty adjusts downward, allowing the acquisition of new coins at a lower price.During a bear market, the dropping issuance is one of the main ways of determining a potential reversal point and the existing pressure on the market.
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