<ul data-eligibleForWebStory="false"><li>Bitcoin miners have experienced a drop in activity, with their transaction volume share hitting multi-year lows.</li><li>The Bitcoin Miners' Volume Share has decreased significantly, reaching its lowest point since November 2022 at just 3.3%.</li><li>The decline in miner activity could indicate reduced selling appetite, potentially impacting Bitcoin's price.</li><li>According to a report, 75% of reported mining activity now takes place in the US, marking a shift away from China. The average miner electricity cost is $45/MWh.</li></ul>

Bitcoin Miners Quiet Down—Volume Hits Lowest Since 2022

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