CHEAP ASIC MINER. Is "Miner Capitulation" Complete BS? (What is Miner Capitulation - Bitcoin Element

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laradrosac
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What is this Miner Capitulation we always hear of on Crypto/Bitcoin Twitter by various analysts and pundits? Well, it has to do with the theory/prediction that a price drops causes weak miners to sell their coins and close up shop thus lowering overall hash rate + price and causing increased selling pressure on the market and a potential "death spiral". In this video, Adriaan will dive into this theory and see if it holds any validity or if it's just FUD and unwarranted. Definitely a great video to watch if you want to learn more and are serious about understanding Bitcoin topics!

#MinerCapitulation #Bitcoin #BTC
Category
Bitcoin Mining
Tags
cheap asic miner
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