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Bitcoin miners faced production issues despite a 40% price rise in November

Production lowered for MAJOR miners: In November, eight of the top ten Bitcoin miners by market capitalization reported drops in production. This stark contrast to Bitcoin’s rising value raises questions regarding the factors affecting miner productivity despite favorable market conditions.

Understanding mining challenges: The decline in miner output amid Bitcoin’s price surge suggests influences beyond market price alone. Investors should pay attention to these trends to gauge the health of the mining industry and potential shifts in Bitcoin’s market trajectory.

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