Big news about Bitcoin! Bitcoin miners, the people who create new Bitcoins, are having a tough time. The price of Bitcoin hasn't been very high lately, making it hard for them to cover their costs. This is called 'miner capitulation'.
- Miners are selling their Bitcoins because it's too expensive to keep mining.
- A special tool called the 'Hash Ribbons' shows this is happening.
- The Bitcoin network is getting stronger, even though miners are struggling.
- In the past, when this happened, Bitcoin's price went up later.
Fact | Number/Prediction |
---|---|
Bitcoin's current price | Around $96,700 |
Price range in the last week | $91,000 - $102,000 |
Hash Rate (how strong the Bitcoin network is) | All-time high! |
Possible future prediction | Bitcoin might go up soon! |