Hash Ribbon — Hash Ribbon is a miner-capitulation indicator built from the 30-day and 60-day moving averages of network hash rate, on the assumption that Bitcoin tends to reach a bottom when miners capitulate, i.e. when mining becomes too expensive relative to revenue. Data by Glassnode.
| Network | Scheme | Amount | Pay To |
|---|---|---|---|
| Base | exact | $0.05 USDC | 0x1f81...39f1 |