Summary
TLDR: Bitcoin mining requires a lot of capital to be profitable, but many investors have lost interest due to market conditions, leaving miners with limited funding.
Key Points
1. Mining is a crucial aspect of securing the bitcoin network but requires significant capital to operate profitably.
2. The crypto winter and the upcoming halving have caused many investors to lose interest in mining, leading to a decrease in capital available for miners.
3. The drying up of capital for miners may have implications for the overall security and stability of the bitcoin network.