? Want to work with us? CryptoSlate is hiring for a handful of positions! According to PC Gamer, crypto miners are dumping their GPUs in increasing numbers as token prices falter during the downturn. ...
Tag: Miners
Bitcoin Miners Dump 18,251 BTC Within 10 Days: Details
Yuri Molchan As Bitcoin is trading near $20,000, miners have begun to sell their BTC, and new whales are buying it off their hands IntoTheBlock on-chain data vendor has reported that while miners have...
Public Bitcoin Miners Are Selling Off BTC Reserves as Crypto Winter Sets In
It must be a bear market if Bitcoin mining companies, usually the ultimate HODLers, have started selling their stashes. Publicly traded Bitcoin miners, like Marathon Digital and Riot Blockchain, sold ...
Bitcoin Miners Dump Their BTC Holdings En Masse As Mining Profitability Hits ‘Critical Low’ ⋆ ZyCrypto
Advertisement     According to on-chain crypto-data firm Arcane Research, a huge number of bitcoin miners have been forced to liquidate their holdings in the $20,000 r...
Bitcoin Miners Contributing To BTC Crash? New Report Sheds Light
Bitcoin remains in the red with a 10% loss over the past week. The number one crypto by market cap has been consolidating at its current levels after a massive crash too it to a multi-year low of $17,...
Here’s how Bitcoin miners are really dealing with market pressure
The first week of June saw the start of a sell-off phase in the cryptocurrency market, with most cryptocurrencies seeing a 4-year low. The deteriorating market conditions have also harmed the profitab...
MAXUSDT (TRX) – Simplifies Crypto Mining for Crypto Miners » NullTX
Evolution of Mining At the beginning stages of Bitcoin in the early 2000s, individuals interested in cryptocurrency mining were able to do so using their personal computers. As its popularity increase...
What made Crypto Miners start dumping out their high end GPUs?
Ongoing crash in crypto market has led to drop in cryptocurrencies, crypto firms halting their operations, and whatnot, now it’s crypto miners’ turn. Recently it has been seen that crypto ...
Bitcoin Miners Sold 100% of Their Outputs in May: Analyst
Digital assets-focused firm Arcane’s latest research on bitcoin miners indicates that public-traded companies sold 100% of their mined coins in May due to declined profit margins and volatile market c...
Bitcoin miners sold their entire May harvest: report
The cryptocurrency market entered a sell-off phase in the first week of June, seeing a market-wide route with the majority of cryptocurrencies falling to a 4-year low. The deteriorating market conditi...
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction – Coinotizia
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the ...
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction – Mining Bitcoin News
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the ...
These 5 Whales Hold Over 776K Bitcoin (BTC) Amid Miner’s Dump
Bitcoin (BTC) prices have dropped by over 33% over the past 30 days. However, the BTC whales have utilized this price drop by increasing their holding. Giga whales Bitcoin holding has hit a new record...
Bitcoin miners forced to liquidate holdings by over 100% in May as profitability declines
Bitcoin miners are feeling the impact of the crypto market correction by resolving to sell their haul, moving away from the previous approach of ‘HODLing’ the asset. Due to the dropping profitability...
What is the Ethereum Merge and Why Miners are Worried About It?
The great Merge has taken the market and miners from their feet. It is predicted that the Merge will force Ethereum’s 19 billion USD mining industry to find a new home. Vitalik Buterin, Ethereum’s co-...
Bitcoin Mining Company Bitfarms sells 3000 BTC And Falling Prices Makes Miners Rampantly sell GPUs
– Advertisement – Bitfarms sells 3000 BTC as Miners are Rampantly selling GPUs. It’s been a busy week for the global Bitcoin self-mining company, Bitfarm, which has sold 3,000 Bitcoin ...
Here’s The Escape Plan For Bitcoin Miners To Survive This Bear Market!
The continuous downward trend in Bitcoin [BTC] has had a substantial impact on miners other than traders. Bitcoin miners have become major sellers of the flagship currency, where the miner’s stocks ar...
Iran to shut down Bitcoin miners as electricity demand spikes
The upcoming summer season is set to increase electricity demand in Iran. The Middle Eastern country will reportedly remove licensed cryptocurrency miners from the national grid to prevent outages. Ir...
Iran Cuts Power to All Licensed Crypto Miners – crypto.news
Iran will shut off electricity to all its 118 authorized crypto mining facilities this month. Authorities in the country have taken similar measures earlier, citing the increased need for electricity ...
Bitcoin Miners Wind Down Selling, Is A BTC Recovery In Sight?
Bitcoin miners appear to have reduced the pace at which they were offloading tokens, indicating that some selling pressure on the token may have eased. Bitcoin prices stabilized around $20,000 after t...
Iran cuts electricity to licensed crypto miners: Bloomberg
Iran will cut electric power to all its 118 legal crypto mining centers this month as the country faces increased energy demand. According to a Bloomberg report, electricity to all 118 legal crypto mi...
Bitcoin miners are increasing pressure in the market! Know How?
Financial statements of public mining corporations showed that they’d to quadruple sales of cryptocurrency to create ends meet. In could 2022, public mining companies sold 4,411 bitcoins. ...
Here’s Bitcoin miners’ plan to survive the crypto-crisis (to make ends meet)
Bitcoin [BTC]‘s ongoing bearish streak has significantly affected not just holders, but even miners. Bitcoin miners turned into net sellers of Bitcoin, with miner inventories dropping to new lows. Min...
Bitcoin (BTC) Witnesses Issues Regarding Hashprice, Miners Leave The Space Exponentially
The entire digital assets market is facing down trends currently. The latest bearish moves have affected even the leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and other altcoins. ...
Bitcoin Long-Term Holders Flee, Miners Worried! What’s Next For BTC Price
Traders and investors were still recovering from Terra LUNA’s catastrophic crypto crash, and now the unexpected drop in Bitcoin appears to be a nightmare for many. The leading cryptocurrency fell belo...
Iran Will Reportedly Cut Off Electricity to All Legal Crypto Miners
The Middle Eastern nation has gone against licensed crypto miners and will shut down all 118 legal ones in two days, according to a recent report. The country’s authorities have already done something...
Crypto Miners in Iran to Face Blackout as Mining Becomes Unprofitable
Authorities in Iran have announced that crypto miners operating in the country would have their access to electricity cut off by June 22. According to a report from Tehran Times, the decision was made...
Miners Sell Bitcoin, Increasing Pressure on the Market
Miners are selling off their Bitcoin to survive the crisis. Financial statements of public mining companies showed that they had to quadruple sales of cryptocurrency to make ends meet. In May 2022, pu...
Bitcoin Facing Issues with Hashprice as Miners Leave Market Massively: Details
Arman Shirinyan Bitcoin’s drop in hashprice could become reversal point for market, and here’s why Previously, U.Today covered that Bitcoin mining profitability is at all-time lows after t...
A Bitcoin TOTAL Collapse might Happen, mostly due to Miners! Here’s why
Bitcoin crash: BTC prices continue to fall and dipped for the first time in 3 years below $20,000 The crypto market as a whole crashed by more than 7% in the past 24 hours alone A fundamental flaw in ...
Bitcoin Miners Continue To Sell As Outflows Spike Again
On-chain data shows Bitcoin miners have continued their selling as outflows from their wallets have once again spiked up. More Than 2.5k BTC Flows Out Of Bitcoin Miners’ Reserve As pointed out by an a...