Bitcoin Miners Are Selling?! What It Means For BTC Price!

"every 2016 blocks or roughly 14 days the difficulty protocol assesses the timestamps between those blocks and then adjusts the mining difficulty to make sure that each block has an average difference of 600 seconds or 10 minutes"

"this is something that occurs every 210,000 blocks which is roughly every 4 years and sees the block reward for miners cut in half"

"The next Haring is due to take place in the first half of 2028"

"at current hash price levels a proportion of the network is still profitable but only just there will be a few miners just about scraping by and once they've accounted for operational costs and any other expenses it's likely that these guys will run out of cash and drop off particularly if btc's price doesn't start climbing"

"the latest generation of Asic miners has an advertised hash rate that is more than double that of the generation before"

"Galaxy thinks that debt Capital markets will reemerge somewhere between now and mid 2025"

"Bitcoin mining generates a revenue of somewhere between 17 and 20 cents per kilowatt hour while revenue from Nvidia Graphics processing units can generate a revenue of anywhere between $3 and $5 which is a difference of 17 to 25x"