Tag: Miners
Analysis Company Warns of a Selling Pressure by Bitcoin Miners
One cryptocurrency CryptoQuant, an analytics company, recently Bitcoin and published two different analyzes about the overall cryptocurrency market. These analyzes focus on the Bitcoin Miners’ Position Index (MPI) and the…
Development Challenges for Miners After Bitcoin Halving
The year 2024 is known as the year of Bitcoin. With the approval of the Bitcoin ETF, the upcoming Bitcoin Halving has begun to attract attention once again. As we…
Chinese Bitcoin Miners Found a Cryptocurrency Paradise!
Ethiopia was the new choice of Chinese Bitcoin (BTC) miners looking for cheap energy. After China bans Bitcoin mining Kazakhistan And USA Chinese miners, who migrated to countries where electricity…
USA Creates Anxiety: Will Investigate Bitcoin Miners for 6 Months!
The electricity crisis between the US Department of Energy and Bitcoin miners is getting bigger. Energy Information Administration’s Office of Budget and Management urgent request a selected group next week…
Bitcoin Miners Are Selling Like Crazy: Lowest Since The Bulls!
Bitcoin (BTC) reserves belonging to miners have fallen to their lowest level since 2021. On-chain analysis platform Crypto Quant revealed remarkable data about Bitcoin miner reserves. Shared by the analysis…
USA Will Investigate Electricity Consumption of Bitcoin Miners
The US Energy Information Administration will more closely monitor the electricity consumption of cryptocurrency mining companies in the country. Energy Information Administration, Office of Budget and Management urgent request a…
Emergency Review for Bitcoin Miners from the US Government!
US Energy Information Administration (EIA)American Bitcoin and cryptocurrency miners will start collecting data on electricity use announced. According to the official statement, starting next week, it will launch an investigation…
Before Halving, Bitcoin Miners Started to Sell BTC Intensely: What Does It Mean?
highly anticipated Bitcoin As the halving approaches, a significant change is taking place in BTC mining. Recent data reveals a significant decrease in Bitcoin reserves held by miners and an…
While Bitcoin Miners Sell 10 Thousand BTC in One Day, Hash Rate Also Dropped Sharply!
The hash rate on the Bitcoin (BTC) network has suffered a severe drop due to bad weather conditions that hindered mining activities. The hash rate of the Bitcoin network has…
Shocking Move by Bitcoin Miners: They Sold More than 10 Thousand BTC, Here’s Why!
According to CryptoQuant’s data, Bitcoin Miner Net Flow fell to its lowest level of the year on January 17, indicating a significant decline in miner reserves. According to the on-chain…
Bitcoin Miners Preparing for Halving Made Hundreds of Millions of Dollars in Sales
Bitcoin (BTC) miners took advantage of the rise in price and disposed of large amounts of BTC. According to information provided by Blockchain data platform CryptoQuant, Bitcoin miners, to sell…
Bitcoin Miners May Have Started Selling: $1 Billion BTC Moved to Exchanges!
As the Bitcoin (BTC) halving, which is expected to take place in April, approaches, miners are selling at record levels. The positive atmosphere with the approval of Spot Bitcoin ETF…
JPMorgan Answered: How Will ETFs Affect Bitcoin Miners?
According to JPMorgan analysts, the approval of spot ETFs will relieve Bitcoin mining companies for a while. JPMorgan analysts, “It is unclear whether this announcement will trigger a near-term rally…
JPMorgan Analysts Comment on Fate of BTC Miners Following Approval of Bitcoin Spot ETFs
JPMorgan, in a recent research report, listed the first spot in the US Bitcoin (BTC) suggests that Bitcoin miners may experience a pause following the approval of exchange-traded funds (ETFs)…
Bitcoin Miners Aren’t Stopping: Nearly $200 Million Purchased Before the Big Event!
United Arab Emirates-based Bitcoin (BTC) miner Phoenix Group PLC from Bitmain Ordered $187 million worth of mining equipment. Bijan Alizadehfard, CEO of Phoenix Group, “This agreement, following our successful IPO…
Huge Equipment Order from Bitcoin Miners Preparing for Halving
Cryptocurrency mining equipment manufacturer Canaan has received orders for more than 17 thousand units of mining equipment in total. Canaan Inc. According to the statement made by the company, Cipher…
Bitcoin Miners Broke a Record: Watch Out for $1.5 Billion Selling Pressure!
The monthly income of Bitcoin (BTC) miners reached a record level as of last month. While the cryptocurrency market maintained its upward momentum, transactions made on the network increased. In…
Bitcoin Miners Set New Record as Year Ends, Earnings Rate Drops
The total hash rate on the Bitcoin blockchain hit an all-time high at the beginning of the week. According to Blockchain.com data, the hash rate in the Bitcoin network increased…
Shares of Bitcoin Miners Gained Value Thanks to the Increase in Price
The rise in Bitcoin price yesterday also increased the shares of mining companies on a daily basis. Shares of companies such as Canaan and Ebang, which produce special equipment for…
Bitcoin Ordinals Benefited Miners: Transaction Fees Increased Several Times
Transaction fees on the Bitcoin network have risen severalfold as a result of the proliferation of Bitcoin NFTs. Average transaction fee on the Bitcoin blockchain at the end of the…