2026-01-09 20:26:10

Fourth quarter brings a sharp contraction in the energy sector. The drilling and business activity index plunged to -39, marking the weakest reading since 2020. This significant downturn reflects broader economic headwinds pressuring energy demand and exploration investment. For the crypto market, declining energy activity could ease pressure on electricity costs, potentially benefiting mining operations—though the underlying economic slowdown may weigh on overall market sentiment and institutional participation in digital assets.

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NotFinancialAdvice

· 21h ago

The energy sector has collapsed; maybe mining electricity costs will be cheaper? But this economic situation... depends on whether institutions still believe in us.

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SchrödingersNode

· 01-09 20:55

Energy prices plummeting across the board, but miners might actually have a chance? I like this logic, but I'm afraid good days won't last long.

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GateUser-addcaaf7

· 01-09 20:54

Lowering mining costs sounds good, but the real killer is the backdrop of the economic downturn.

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Anon32942

· 01-09 20:53

The energy sector is directly exploding, and the -39 figure looks a bit painful. But on the other hand, with cheaper electricity, miners should be happy... Unfortunately, the overall environment is so bad that institutional funds have already pulled out. How are we retail investors supposed to play?

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SatoshiHeir

· 01-09 20:53

It should be noted that this argument overlooks a fundamental paradox—the decline in energy costs is certainly beneficial to miners, but the real killer is the institutional capital withdrawal caused by the recession. On-chain data shows that in every bear market, the collapse in institutional participation often occurs three months before retail investors.

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blocksnark

· 01-09 20:47

Is the energy crash really beneficial for mining? I'm not very optimistic about it.

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OnlyOnMainnet