Miners have been selling cryptocurrencies frequently recently, and the amount sold exceeds the amount mined

Miners have been selling cryptocurrencies frequently recently, and the amount sold exceeds the amount mined


Data from Cryptocomposite.com shows that miners have been selling cryptocurrencies frequently recently to pay for mining costs, and the sales volume has exceeded the mining volume.

According to Charlie Morris, head of the site’s development team, miners have sold about $10 million in inventory in recent days, an amount that is less than their daily revenue.

Despite the recent rebound in the cryptocurrency market, profit margins for mining companies have narrowed, prompting some miners to leave the mining market.


<<:  The early earnings of AT miners were exposed. They earned 65% from mining and another 45% from holding?

>>:  90% of Bitcoin computing power is concentrated in less than 20 companies

Recommend

Is it good for a man to have arhat eyebrows? What is Luohan Eyebrow?

Is it good for a man to have arhat eyebrows? What...

What is the fate of a woman with a pointed upper lip?

Lips are a part of the body that girls care about...

What personality secrets do your fingertips reveal?

What personality secrets do your fingertips revea...

Mole on the buttocks fate diagram

Mole on the buttocks fate diagram Moles on the bu...

Who is paying for blockchain?

In 2016, we witnessed the rise of blockchain evan...

What does a long wisdom line mean? Is a long wisdom line a good thing?

The wisdom line is one of the three main lines in...

Psychological warfare - Bitcoin bears sniping below $20,000

In recent times, the attention on Bitcoin has nev...

Palmistry characteristics of short little finger

There are some explanations for the state of a pe...

Ethereum approaches key support level, long-short game continues

Crypto markets extended their downward trend from...

Final summary of IPFS official Q&A!

Click on the blue text above to follow↑↑↑↑ 01 Q: ...

What does a mole on the waist mean? Is it good to have a mole on the waist?

The basic theory of mole physiognomy is: it is be...

People with moles on their palms are destined to be lonely.

1. There is a mole in the center of the palm In p...