Saturday, December 3, 2022

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bitcoin miners

Deciphering what led Bitcoin miners to sell part of their BTC holdings

The cryptocurrency world is rapidly evolving. With regards to the proof of work consensus mechanism, people are being more concerned about Bitcoin mining...

Miners selling their BTC positions to impact Bitcoin like this

The Bitcoin network hash rate notched a new all-time high of 248.11 million terahashes per second (TH/s) on 13 February. It rose from...

Bitcoin Miners Hold Off On Selling As Their Reserves Reach 2021 High

On-chain data shows Bitcoin miner reserve is growing as miners are accumulating BTC. The Puell Multiple confirms that miners don’t want to sell...

Will Bitcoin’s recent performance salvage Kazakhstan’s mining situation

While most of the Bitcoin market was flourishing until the last 2 days, when BTC dropped by 8.06%, we forgot to check up...

On-Chain Data Shows Bitcoin Miners Hold Off On Selling Despite BTC Rallying Above $57k

According to on-chain data, Bitcoin miners seem to be holding off on selling BTC despite the recent rally where the coin has crossed...

Bitcoin Mining In The U.S.: 4 States Attract The Most Miners

Dataset from Foundry shows that four states in the U.S. have the highest Bitcoin hash rate distribution. The dataset shows that many Bitcoin...

While Bitcoin miners are back in profit, this is the best tactic for investors right now

Bitcoin miners had suffered substantially, due to the mining ban in China, however, they have finally recovered their footing in the market. Owing...

Puell Multiple: The Bitcoin Metric That Says BTC Miners Aren’t Ready To Sell

Miners determine more of bitcoin price than most investors understand. The price at which miners are willing to sell usually correlates with how...

Bitcoin Miner Reserves Close To May ATH As Bull Rally Continues

On-chain analysis shows Bitcoin miner reserves seem to be closing in on the ATH seen in May, as the BTC bull rally continues. Bitcoin...

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