Miners are hoarding Bitcoin from record daily earnings
Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February.
Tag: Miners
Bitfarms set to acquire 48,000 new miners in 2022 despite chip shortage
Chinese supplier MicroBT will be providing the new hardware over the next two years.
Bitcoin sell-off over? Strong ‘buy the dip’ signal flashes for the first time in 5 months
Bitcoin is retesting a key support level at $44K-$45K for the third time in the past week.
Institutions and miners accumulating through Bitcoin chop; whales uncertain
Bitcoin in, and Bitcoin out: major players are deploying different strategies as BTC consolidates well under $58,400 highs.
Bitcoin miners are hodling while long-term investors take profits
On-chain data shows that while miners are selling less BTC, old investors are realizing profits.
Bitcoin Mining Machine Maker Ebang to Launch Crypto Exchange in 2021; Shares Rise
Bitcoin mining equipment maker Ebang announced Thursday it is preparing to officially launch a cryptocurrency exchange in the first quarter of 2021.
Bitcoin’s Rally Could Be Caused by a Supply Crunch in China
Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges.
Chinese Bitcoin Miner Producer Ebang Is Launching an Offshore Exchange
Ebang, one of the major manufacturers of bitcoin mining equipment, hopes an exchange could double total revenue by 2022.
Outflow of Bitcoin From Miners at Lows Not Seen Since 2010
Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are responsible.
Miners Are Selling More Bitcoin Than They Are Mining
While bitcoin looks set to prolong its recent bullish moves, those responsible for making new bitcoin have increased their selling.
