The below is from a recent edition of the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now . In previous Daily Dives, we covered the mass exodus of bitcoin mining operations out of mainland China following the regulator crackdown. In particular, we highlighted how bullish of a tailwind this was for North American miners. In “ The Daily Dive #021 – North American Miners Arise As Big Winners ” published on July 13, we said as follows: “The last time...