Svmuu News: Galaxy Research posted on X stating that Bitcoin miners have entered a “surrender phase.” Galaxy Research noted that the mining difficulty for Bitcoin has now fallen by more than 20% from its all-time high, marking the largest difficulty pullback since 2021. The firm believes that a significant drop in mining difficulty typically indicates that some miners are exiting the network due to profitability pressures, and that the market is currently undergoing a phase of hash rate adjustment.