---
title: "Hash Ribbons signal end of miner capitulation: CryptoQuant"
url: https://diffcoin.com/hash-ribbons-signal-end-of-miner-capitulation-cryptoquant/
description: "On Aug. 11, Bitcoin miners recorded the lowest levels of daily revenue in 2024, highlighting the profit squeeze miners are experiencing. Source link"
published: 2024-08-19
updated: 2024-08-19
author: "Mila"
site: "Diffcoin"
---

# Hash Ribbons signal end of miner capitulation: CryptoQuant

On Aug. 11, Bitcoin miners recorded the lowest levels of daily revenue in 2024, highlighting the profit squeeze miners are experiencing.

[Source link](https://cointelegraph.com/news/hash-ribbons-signal-end-miner-capitulation-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)