Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react.
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Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving
The new rigs will add 7.6 EH/s to the firm’s self-mining capacity, but won’t be installed until the first quarter of 2024.
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Bitcoin’s Average Transfer Fee Surged 92% in 4 Days With More Than 330,000 Unconfirmed Transactions in the Backlog
With 13.15 million ordinal inscriptions on the Bitcoin blockchain, demand has continued to keep network transfer fees high, as the average fee to transact onchain
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Bitcoin Miners Deposit To Exchanges, What Does This Mean?
On-chain data shows that Bitcoin miners have been depositing large amounts to exchanges. Here’s what this could mean for the asset’s price. Bitcoin Miners Have
Read moreBitcoin Miner Inflows To Exchanges Reach 2021 Levels As Bear Trend Persists
Bitcoin miners are now taking advantage of the recent price increase as they have begun to send massive amounts of BTC to centralized exchanges. While
Read moreBitcoin Bearish Signal: Miners Sell At 3rd Largest Scale Ever
On-chain data shows that Bitcoin miners may have been selling at a historical rate recently, something that could be bearish for the asset’s price. Bitcoin
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