Bitcoin (BTC) Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein

“With the decrease in hashrate, market share of our 3 covered miners has gone up after halving by almost 20 basis points (bps),” analysts Gautam Chhugani and Mahika Sapra wrote, adding that “we expect the top 3 listed bitcoin miners to continue to consolidate market share via organic and M&A led expansion.”