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Bitcoin Miners FEAR! 11% Difficulty CRASH & The CRITICAL Rebound!

Bitcoin Miners FEAR! 11% Difficulty CRASH & The CRITICAL Rebound!

Is your Bitcoin investment on the brink, or has it just dodged a catastrophic bullet? Bitcoin's mining difficulty just plunged a staggering 11%, the largest drop since the 2021 China ban, leaving the entire network reeling. This dramatic fall signifies a massive exodus of computing power, igniting fears among miners already battling record-low profitability. Was this sudden disappearance merely a temporary operational hiccup, perhaps due to harsh weather like Winter Storm Fern, or the ominous prelude to widespread 'capitulation' where miners are forced to abandon their rigs forever? The stakes couldn't be higher, as the very security of the Bitcoin network hangs in the balance. While a projected 12% rebound next week offers a glimmer of hope, signaling a swift return of machines, failure to materialize would spell financial doom for countless operators. Such a failure could trigger a cascade of asset sales and systemic stress, reshaping the crypto landscape irrevocably. The truth lies in the data yet to unfold, revealing whether this was a fleeting scare or a seismic shift. Don't be caught off guard – subscribe to our channel to stay ahead in these turbulent times!

Tags/Hashtags: #bitcoin #hashrate #cryptocurrency #hashprice #asic #blockchain #coinwarz #foundry #theenergymag #bitbo #cryptoslate #cryptoquant #glassnode

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