Feb 11, 2026
3 0
BEARISH 📉 : Bitcoin Miners Exit As Difficulty Suffers Largest Drop Since 2021
Bitcoin's mining sector is under pressure as network difficulty sees its largest drop since 2021. This decline is due to miners shutting down operations amid decreasing profitability and rising costs. The shift suggests potential consolidation in the mining industry.
Miner Capitulation and Market Sentiment
- Bitcoin mining difficulty has experienced a significant drop, prompting some miners to exit or switch to AI and data centers.
- Companies like Bitfarms are shifting focus away from BTC mining, with markets rewarding such reallocations towards AI infrastructure.
Bitcoin Price Volatility
- Bitcoin recently had a 5.65 standard deviation move, which is rare and has occurred only 13 times in over 5,000 trading days.
- Historically, similar moves have aligned with major cycle bottoms, though it doesn't guarantee an immediate price recovery.
The current bear market may be nearing a bottom. Analyst Scient suggests using a Dollar-Cost Averaging (DCA) strategy for Bitcoin and strong altcoins rather than attempting to time trades, as prices continue to fluctuate unpredictably.
