Bitcoin miners have experienced an 11% decline in revenue over the past two months, according to Glassnode data. Miner earnings have decreased from 562 BTC in mid-October to 502 BTC currently, as mining difficulty has surged to 159 trillion, increasing operational costs. Despite the heightened effort, Bitcoin's price remains below $126,000, with the $90,000 support level at risk. Net outflows have reached –487 BTC, indicating potential miner capitulation.