Charles Edwards|Aug 05, 2026 22:52
Bitcoin's security is bleeding out. Hash Rate is in the longest period of decline ever.
Hash rate has been falling for 250 days and counting. Before 2026, the longest period of decline was just 91 days in the 2022 bear market, with 2018 similar at 63 days. The current miner capitulation has been going for 3X longer.
This is the result of every single public Bitcoin miner pivoting to AI.(Charles Edwards)
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