Source: CryptoSlate ↗
Nearly a fifth of all Bitcoin mining power is sitting completely dark, and turning it back on could trigger a brutal margin trap
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What the source reports
Luxor estimates 235 EH/s of capacity is idle for mixed reasons, complicating the capitulation signal as Texas’s summer curtailment window ends.The postNearly a fifth of all Bitcoin mining power is sitting completely dark, and turning it back on could trigger a brutal margin trapappeared first onCryptoSlate.
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