I'm worried about more BTC hashrate leaving the network.. 😓
BTC(Bitcoin) Average Mining Cost has increased to $104k on 31st Dec, 2025. By contrast, the current BTC price is $88.7k.
In this Hash Ribbon Indicator, BTC miners has already left since the ATH(All Time High) of hashrate. -15% left.
I guess compared to those adding hashrate, miners who had not endured the unprofitable or loss zone capitulated.
The capitulations(Red zones) of some miners have not necessarily led to the upward trend. I hope BTC price will recover above $100k asap.. 🙏 Please!!
Great post! Featured in the hot section by @punicwax.