The mining sector continues to be in turmoil. Due to winter storms in the USA and the fall in BTC prices, the overall network capacity has decreased by 12%. However, according to #MiningUpdates , this led to an unexpected effect: the mining difficulty has dropped, which has increased profitability for those who remained in the network. Currently, mining profitability (hash price) is trying to stabilize after record declines last week.
According to ForkLog monitoring, large companies like MicroStrategy, despite paper losses, continue to hold their positions, signaling to the market that the phase of active sales by miners is coming to an end. Experts on Binance Square predict that the current decrease in difficulty will become the 'foundation' for the next bull cycle. The mining market is going through a natural selection where only the most technological players survive.
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