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Bitcoin miners could take a 20% BTC price blow before capitulating, data shows Cointelegraph

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© Reuters.

(BTC) The mining business is bigger than ever at today’s price levels, and new data shows how difficult it is to sell to a massive miner.

As indicate According to the popular Twitter account (NYSE 🙂 @venturefounder, on January 14th, at $ 42,000, the trading pair is above the miners ’cost price.

Bitcoin production cost comment board (screenshot). Source: @ Venturefounder / Twitter
Bitcoin hash rate chart. Source: Blockchain