Data shows the Bitcoin mining bear market has a ways to go

Data shows the Bitcoin mining bear market has a ways to go

Market Analysis
December 10, 2022 by secret
146
[ad_1] Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide insight into BTC’s price movements and the health of the wider crypto sector. It is well-documented that Bitcoin miners are struggling in the current bear market. Blockstream, a leading Bitcoin miner recently raised funds at a 70% discount. Current