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Mining Cointelegraph

Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?

Beset with multiple challenges, Bitcoin miners continue to liquidate their reserves, and a handful are selling more BTC per month than they make, but is there a silver lining?

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?

Beset with multiple challenges, Bitcoin miners continue to liquidate their reserves, and a handful are selling more BTC per month than they make, but is there a silver lining?

Why this matters

This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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