Ripe for the squeeze? Bitcoin mining shares stay below assault from brief sellers

Pushed by heightened demand for (BTC) block area, fueled by Ordinals inscriptions and the PEPE-fueled BRC-20 memecoin mania, miners have grow to be direct beneficiaries of a sudden increase in transaction charges, growing their backside strains.

This surge has resulted in an unprecedented enhance within the common variety of transactions, and consequently income per BTC block mined.

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