Bitcoin, considered the largest cryptocurrency in terms of market capitalization, will be exiting the month of November with trading prices that are significantly lower than what it had the same time ...
Tag: Miners
Bitcoin Price Drop Tests Miners’ Diamond Hands
Bitcoin miners are facing a tough few weeks ahead as meager prices threaten to render the network service unfeasible for anyone but the largest operators. After shedding a quarter of its value through...
Bitcoin Miners Sell Pressure Highest in 7 Years – Trustnodes
Bitcoin miners are selling more aggressively than at any time in the past seven years according to Charles Edwards, founder of Capriole Investments. “If price doesn’t go up soon, we are going to see a...
Maple Finance Is Rescuing Crypto Miners
The crypto mining scene has been in a terrible state of disarray over the past few months, but there appears to be an answer in a platform called Maple Finance. Maple Finance Is Trying to Aid the Mini...
Pressured bitcoin miners can’t sell the dip fast enough
The liquidity crisis in the bitcoin mining industry shows no sign of letting up. Indeed, statistics show that bitcoin miners are selling their coins at record levels last seen in 2016. An investigatio...
Bitcoin miners continue to sell as realized loss from FTX exceeds LUNA collapse
The biggest news in the cryptoverse for Nov. 22 includes the increasing rate of miner sellouts, realized Bitcoin loss from FTX fallout surpassing the losses caused by the Terra collapse, and Digital C...
Bitcoin (BTC) Miners Started ‘Most Aggressive Selling’ in Seven Years: Analyst
Vladislav Sopov Seasoned Bitcoin (BTC) researcher Charles Edwards shares apocalyptic prediction for bulls Contents “Bitcoin miner bloodbath”: Charles Edwards on miner-driven BTC sell-off S...
Miners Start Selling Most Aggressively In The Last 7 Years
The recent crash in the price of bitcoin has distressed bitcoin miners. They are compelled to sell in order to cover their expenses. In the past three weeks, Bitcoin (BTC) miners have increased their ...
Bitcoin miners selling aggressively as crypto market continues to struggle
Bitcoin (BTC) miners face increasing sell pressure as the flagship digital asset’s value continues to struggle below the $16,000 mark. Capriole Fund founder Charles Edwards on Nov. 21 said miners were...
Bitcoin miners face worst time in seven years; reason is quite surprising
Things are currently difficult for Bitcoin miners. The asset is being sold at a faster rate, and firm stock prices are falling. The pressure on Bitcoin miners has never been higher than 22 November, w...
Bitcoin Miners Selling at Fastest Rate in 7 Years, Stocks Slump
Bitcoin miners are having a rough time at the moment. They’re offloading the asset at increased rates and company stocks are slumping. With BTC prices hitting a new bear cycle low on Nov. 22, the pres...
Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value – Mining Bitcoin News
Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar fo...
Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’ – Mining Bitcoin News
On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has p...
Why BTC miners, investors could have to delay their profit expectations to 2023
Bitcoin miners’ wallet balance fell to the minimum value in ten months Overall market condition and mining sector state revealed that miners could remain unprofitable unless the market cycle changes B...
BTC difficulty to adjust over weekend as miners capitulate
Bitcoin’s mining difficulty is expected to adjust Sunday night/Monday morning (Nov. 20/21.) Currently, over 100% of the mined Bitcoin supply is being spent at the fifth most significant rate ever. Fol...
Russian bill to give crypto miners new ways to bypass restrictions
A new bill submitted to Russia’s State Duma would give crypto miners in the country two new ways to sell their coins. However, the proposal faces stiff competition from a government and financial syst...
FTX’s Demise Has Pushed Bitcoin Miners To Worst Situations! This Is How BTC Price Will React Next
The crash of the popular crypto exchange FTX has become an embarrassment for the entire crypto space as it failed to build trust among users and provide properly secured infrastructure. FTX’s demise h...
Bitcoin Miners Dump 7,700 BTC In One Week
Bitcoin miners are usually some of the longest holders of BTC but that is usually when the bull market is in full swing and they do not have to worry about cash flow. Currently, the cash flow on bitco...
Bitcoin miners send less BTC to exchanges since 2020 halving despite FTX
Bitcoin (BTC) miners may be sending more BTC to exchanges this month — but overall, their sales have crashed since 2020. Data from on-chain analytics platform CryptoQuant confirms that daily miner tra...
Crisis For Already Struggling Bitcoin Miners: Revenues Plunge 15% In 7 Days
Data shows the already struggling Bitcoin miners have received another blow this week as their revenues have plunged by 15%. Bitcoin Daily Miner Revenues Sharply Declined Following Price Crash As per ...
Bitcoin Miners Dumped Almost 10% Of Their Reserves In Past Week
Data shows Bitcoin miners have dumped around 7.7k BTC in the last week, resulting in an almost 10% decrease of their reserves in the period. Bitcoin Miners Withdraw Large Amounts Following The Crash A...
Bitcoin holders, whales, and miners: The impact of FTX on the state of BTC
Bitcoin HODLers withdraw historic amounts of BTC from exchanges Miners continue to feel the pressure amidst the FUD The mistrust in exchanges has continued unabated ever since the FTX collapse. Now, i...
Litecoin miners may have reason to celebrate, but can LTC holders say the same
Litecoin’s hash rate improves, miner fees continue to grow Market cap dominance continues to improve Even though Bitcoin miners continue to suffer from FUD, the same couldn’t be said for Litecoin [LTC...
Ex-Ethereum Miners Token bound to be active after the Merge
The situation of miners post Merge is in very bad condition. Thousands of miners along with their equipment are now left with no work. Ethereum Merge made the world difficult for miners to survive. A...
Bitcoin (BTC) Miners Sell Most in 5 Years
The bear market has been going on for a year now. Who still has the strength to sell their BTC after 365 days of suffering and pain in the crypto market? The answer is simple: Bitcoin miners. Rising g...
Bitcoin miners accelerate selling as bears take charge; What’s next for BTC?
Bitcoin (BTC) miners are increasingly changing their historical BTC holding strategies as the bear market prevails. Notably, miners who are known to accumulate Bitcoin and act as a market buffer are o...
Bitcoin miners ‘next trigger’ for BTC price crash as outflows hit multi-month highs
Bitcoin (BTC) miners could form the next BTC price “trigger,” research warns as withdrawals intensify. In a Quicktake post for on-chain analytics platform CryptoQuant on Nov. 10, contributor MAC.D sug...
Is the Last Capitulation Wave Coming? Whales Liquidate Bitcoin While Miners Get Rid of It
Exchange contagion has become a historical tendency that occurs close to the absolute BTC bear market bottom. During the previous bear cycles, it was Mt.GOX, later Bitmex and now FTX. It appears to ha...
Bitcoin Miners Think Outside The Box To Survive Crypto Winter As Top Firms Look Beyond Web3 ⋆ ZyCrypto
Advertisement     Bitcoin miners are pivoting to other digital solutions as the bear market bites harder. New “hodling” strategies, hedging bets against bitcoin price...
US Midterm Elections to Set the Tone for Bitcoin Miners’ Future
However, the the Republicans have been a supporter of bitcoin mining and crypto in general. “Although the mining industry has tried to promote a bipartisan approach to lobbying, support has mostly com...