It looks like a fairly large difficulty drop is coming, currently estimated as between -17.6856% and -7.4388% by diff.cryptothis.com. Miners are not having an easy time for the moment.
Its somehow anticipated where we do know that block rewards had been cut in half which basically means that it would really be a big pain in the ass
to miners.So it isn't really that shocking that most of them will turn off their rigs and wont continue because its just normal for you to
stop when you do look that you aren't feasible already.
It's interesting because the bitcoin price now is going down. It seems the price cannot stay at a price now. I am waiting a good moment to buy more bitcoin at below than $9k if the price goes down into that price. But I hope that the price will not go down $9k because that can make people become panic, and that can make the price will go down deeper.
Going back down in 8k price wont really make a panic but I do rather believe that if the community would able to see a crash like scenario
where a big red candle neither on hourly TF shown or less then I would say that kind of feeling comes out but actually its hard to predict
on what would be the next possible moves of btc.