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Bitcoin Miner Death Spiral Cancelled as Hash Rate Sets New All Time High

Bitcoin Miner Death Spiral Cancelled as Hash Rate Sets New All Time High | NewsBTC

Following the Bitcoin halving, concerns over miner capitulation have proven unfounded. The week just gone saw the network hash rate reach a new all-time high of 125 million TH/s. Significant pullbacks occurred in March and May, sparking fears of the beginning of a miner’s exodus.