What is miner capitulation?

Though, Cole Garner, a popular cryptocurrency analyst, recently broke down the significance of the term in an extensive Twitter thread. Long story short, miner capitulation is when smaller, non-industrial mining operations “get backed into a corner” when the price of Bitcoin falls and their mining machines become technologically obsolete.

What does capitulation mean?

the act of capitulating. the document containing the terms of a surrender. a list of the headings or main divisions of a subject; a summary or enumeration.

What is capitular?

The part of the church which contains the altar. Also called Capouch, Caput Voltum, and Capu- tium. Capitolins. A name of reproach cast upon Catholics by the Novatians,

What is investor capitulation?

Amid market turmoil, there's a term that analysts often start throwing around: investor or market capitulation. It generally means a point at which investors throw in the towel and sell, basically giving up on the asset and the hope of recouping lost gains.