Bitcoin Capitulation Overblown ?

” While some in the crypto community warn about the potential perils of Bitcoin miner capitulation, others point to Bitcoin’s current hash rate as evidence that those worries are unfounded.

Twitter user Hodlonaut, a self-identified ‘permabull,’ pointed to the rate’s chart on Monday, telling his 17,000 followers that miner capitulation has been ‘canceled. ‘ ”

hodlonaut @hodlonaut

Bitcoin hashrate trending sharply up again, after yet another “miner capitulation” is canceled

View image on Twitter
Master Asked on December 10, 2019 in Bitcoin.
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