Bitcoin Miners Go On a Massive Selling Spree – Here’s Why

Bitcoin Miners Go On a Massive Selling Spree – Here’s Why

full version at captainaltcoin
Bitcoin miners have unleashed over 2,300 BTC onto the market, totaling $145 million in value lately. This massive sell-off comes as network fees plummet and mining rewards halve, pressuring miners into liquidation to sustain operations. Ali, a known crypto analyst, highlights this trend, underscoring the dire situation for miners facing diminished returns and escalating costs.

Recent conversions

0.0313 BTC to USD 1.3 SOL to CAD 0.001 XMR to USD 50 SOL to CHF 3500 THB to ETH 500 RYO to ETH 90 ETH to BTC 1500 BITS to USD 18000 KRW to BTC 5 BNB to NZD 50 ADA to BTC