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Bitcoin Miner Slowdown May Be Setting Up the Next Bullish Phase
A broad shift in network activity signaled new pressure across the mining sector, and this Bitcoin miner slowdown arrived as market conditions tightened. However, historical patterns pointed toward stronger performance after similar contractions, and this trend again drew attention across the market. Moreover, analysts noted that declining computational power often aligned with healthier long-term network dynamics. The Bitcoin miner slowdown gained momentum as network hashrate dropped about 4% in the month through December 15. Although the pullback marked the sharpest decline since April 2024, the contraction also ... (full story)