# Miner Capitulation Gets Ugly

URL: /show/this-week-in-bitcoin/16/
> A few widow-makers hanging over Bitcoin this week, and the post-halving miner capitulation has begun. What we're starting to see, and why, when we look back, this will be remembered as a wild week.

- Show: [This Week In Bitcoin](/show/this-week-in-bitcoin/)
- Episode: 16
- Date: 2024-06-27
- Hosts: chris
- Duration: 00:52:25
- Audio: https://op3.dev/e/serve.podhome.fm/episode/f01a19c0-6f9d-4aef-9515-08dc15242149/63855119577265405680530409-f4bf-49d6-9cba-9eb6671c5e9ev1.mp3





### Episode Links

**Affiliate Links:**

* [Buy Sats on River](https://river.com/signup?r=3CT4V56E)
* [The Bitcoin Company](https://app.thebitcoincompany.com/signup?ref=UNPLUGGED)
  
**LINKS:**

* [Travis Kling on X: "All at the same time](https://x.com/Travis_Kling/status/1806016594264686780)
* [Hashrate continues to fall.](https://x.com/IIICapital/status/1806016922548376027?t=9IrJTBkweGljTvO8QvMlMg&s=09)
* [When Bitcoin drops to $62K it means miners enter limbo and the first circle of Dante’s Hell.](https://x.com/boomer_btc/status/1805233763888120103)
* [The miner capitulation is over—bitcoin’s next bull run begins. - YouTube](https://www.youtube.com/watch?v=pAW9QOjVV58)
* [Bitcoin (BTC) Miner CleanSpark (CLSK) to Buy Peer Griid (GRDI) for $155M Enterprise Value](https://www.coindesk.com/business/2024/06/27/bitcoin-miner-cleanspark-to-buy-peer-griid-in-155m-deal/)
* [First-quarter GDP grew a soft 1.4%, but the U.S. economy might have more ‘spring’ in its step - MarketWatch](https://www.marketwatch.com/story/first-quarter-gdp-grew-a-soft-1-4-but-the-economy-might-have-more-spring-in-its-step-8d5548f9)
* [Fed Rate Cuts Latest: Favorite Underlying Inflation Gauge Is Seen Cooling - Bloomberg](https://www.bloomberg.com/news/articles/2024-05-25/fed-rate-cuts-latest-favorite-underlying-inflation-gauge-is-seen-cooling?embedded-checkout=true)
* [Dashboard | Truflation](https://truflation.com/dashboard)
* [California Reveals All Job Gains In 2023 Were Fake ](https://www.zerohedge.com/economics/california-reveals-all-job-gains-2023-were-fake)
* [Yahoo News clip](https://x.com/leaning4ward/status/1804525730422043005)
* [Carl Louis on X FDIC Thread](https://x.com/DataDiety/status/1799173338348114033)
* [Muntiny Wallet: Updates after DNS issues ](https://stacker.news/items/586165)
* [Strike launches in the UK following European rollout ](https://www.theblock.co/post/301734/bitcoin-payments-app-strike-uk-launch)
* [Jack Dorsey & Lyn Alden | The Power of Open Source - YouTube](https://www.youtube.com/watch?v=MaZyXEU5XAg)
* [BBC coverage of Bitcoin since 2013](https://twitter.com/gladstein/status/1803507915556606200)
  
**Nostr:**

* Find my Nostr Public Key at [ChrisLAS.com](http://ChrisLAS.com)
  
**MUSIC:**

* [Live While I’m Alive by Abel James](https://podcastindex.org/podcast/6941864?episode=24028325476)