With the bitcoin price crash and the halving around the corner, miners are taking it on the chin
The hashrate is falling off a cliff from where it was a few weeks back.
Sees:
(Source: https://twitter.com/search?q=bitcoin&src=typed_query)
Once the halving comes, we are going to need to see prices double where they are right now just for current miners to stay operating.
If the price doesn't double, we are going to see even more forced to shut down.