in

Bitcoin Miners Sell Their Holdings Amid Crypto’s Crashing Market: Report

Bitcoin Miners Sell Their Holdings Amid Crypto

Bitcoin miners have been forced to tap into their cryptocurrency stashes as a plunge in prices, rising energy costs and increased competition bite into profitability. The number of coins miners are sending to crypto exchanges has been steadily climbing since June 7, researchers at MacroHive noted, in a sign that “miners have been increasingly liquidating their coins on exchanges.”

Several publicly listed Bitcoin miners collectively sold more…


Posted by Editor

Leave a Reply

Try our tips and let's all do our bit to help reduce plastic packaging in beauty products (Picture: NIVEA)

NIVEA’s seven easy ways to cut down on plastic in beauty products

Arsenal have strong interest in winger - David Ornstein

Arsenal ready to make fresh Raphinha bid