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Bitcoin [BTC] Miners Start A Selling Spree, Is A Sharp Sell-Off Ahead?

Bhushan Akolkar November 3, 2020

Soon after Bitcoin (BTC) crossed $14,000 last Saturday, it has been under pressure and has corrected 500 points since then. Over the last week, Bitcoin miners have kicked-off the selling spree while liquidating their inventory of over 1000 BTC. Bitcoin miners sold a lot of Bitcoin in the past week. According to ByteTree, a net

Soon after Bitcoin (BTC) crossed $14,000 last Saturday, it has been under pressure and has corrected 500 points since then. Over the last week, Bitcoin miners have kicked-off the selling spree while liquidating their inventory of over 1000 BTC. Bitcoin miners sold a lot of Bitcoin in the past week. According to ByteTree, a net

Bitcoin BTC mining
Bitcoin News
Bitcoin BTC mining
Bitcoin News

All Eyes Turn To Bitcoin Bulls As Miner Revenue From Bitcoin Transaction Fees Falls to Normal Levels

Dalmas Ngetich July 24, 2020

A report from GlassNode, an analytics platform, shows that revenue drawn from transaction fees for Bitcoin miners is back to normal levels. In the Bitcoin network, miners play a critical role of not only securing the network but by confirmation transactions and batching them out in blocks roughly every 10 minutes. This rhythmic pulse and

A report from GlassNode, an analytics platform, shows that revenue drawn from transaction fees for Bitcoin miners is back to normal levels. In the Bitcoin network, miners play a critical role of not only securing the network but by confirmation transactions and batching them out in blocks roughly every 10 minutes. This rhythmic pulse and

Bitcoin BTC Mining
Bitcoin News
Bitcoin BTC Mining
Bitcoin News

Bitcoin (BTC) Prices Under Pressure as Miners Accelerate Their Liquidation

Dalmas Ngetich May 25, 2020

The Bitcoin (BTC) price continues to slide and is now changing hands at $8,750, down five percent in the last trading day. Contributing to this are miners who seem to be heaping pressure on the space’s most valuable coin. Data reveals that miners who depend on coin liquidation to stay in operation (and in green

The Bitcoin (BTC) price continues to slide and is now changing hands at $8,750, down five percent in the last trading day. Contributing to this are miners who seem to be heaping pressure on the space’s most valuable coin. Data reveals that miners who depend on coin liquidation to stay in operation (and in green

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Miner’s Revenue Spikes 14% As Bitcoin Transitions From A Block-Reward To A Transaction Fees Model

Dalmas Ngetich May 19, 2020

8 days after halving, data streams from GlassNode, a crypto analytics platform, shows that miner revenue from Bitcoin transaction fees is up 14 percent to 2018 levels. It is unprecedented but nonetheless expected since the network hash rate was somehow expected to shed computing power as miner block rewards were chopped by half. Miners revenue

8 days after halving, data streams from GlassNode, a crypto analytics platform, shows that miner revenue from Bitcoin transaction fees is up 14 percent to 2018 levels. It is unprecedented but nonetheless expected since the network hash rate was somehow expected to shed computing power as miner block rewards were chopped by half. Miners revenue

Bitcoin BTC mining
Bitcoin News
Bitcoin BTC mining
Bitcoin News

Is Bitcoin (BTC) About to Have an Epic Rally After A Recent Mining Difficulty Adjustment?

Dalmas Ngetich January 7, 2020

There has been a slight Bitcoin mining difficulty adjustment in the last 24 hours and analysts now reckon that BTC is just on the course of an epic rally. Eluding his confidence on Twitter, the analyst going by the name PlanB—a proponent of Stock to Flow Ratio, posted a screen grab of the drop in

There has been a slight Bitcoin mining difficulty adjustment in the last 24 hours and analysts now reckon that BTC is just on the course of an epic rally. Eluding his confidence on Twitter, the analyst going by the name PlanB—a proponent of Stock to Flow Ratio, posted a screen grab of the drop in