🚨 BITCOIN HASHRATE JUST DROPPED ~20% 🚨

Biggest negative difficulty adjustment since 2021.

Miners are shutting off machines.

Weak hands in mining are getting flushed.

Price pressure + high costs = margin squeeze.

When #BTC drops hard, inefficient operators can’t survive.

They unplug. They exit. They capitulate.

⚙️ What happens next?

• Network difficulty adjusts lower

• Mining becomes easier

• Remaining miners earn more $BTC per block share

• Strong players gain market share

This is classic miner washout.

It looks scary on the surface —

but historically, miner capitulation phases often mark late-stage sell pressure.

Less competition.

Stronger operators.

Cleaner network structure.

The key question now:

Is this just stress…

or the final purge before stability returns?

$BTC isn’t just price.

It’s hashpower, incentives, and survival of the fittest.

And right now?

The weak miners are being eliminated.