Tuesday's issue inappropriately used Blockchair.com data showing increasing block times. After further review, block intervals have not significantly increased at this time, even though large amounts of hashrate seem to have vacated the network while difficulty remains elevated.

While we still believe the conclusion of Tuesday's issue to be accurate to current market conditions, the data used to justify the story was incorrect. We regret the error.

Mining Memo strives to be the best mining analysis newsletter. We appreciate our communities and feedback and will always acknowledge corrections as required.