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Tag: Miners

Bitcoin

Bitcoin miners are hodling while long-term investors take profits

February 15, 2021 - by coineradmin

On-chain analytics provider, Glassnode, has published data revealing that Bitcoin miners are accumulating while long-term investors are taking profits. Despite January seeing heavy selling from miners, Glassnode’s report shows that …

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Bitcoin

BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin’s history

February 12, 2021 - by coineradmin

Bitcoin mining fundamentals are growing stronger as miners are making a killing from higher BTC price read original article here

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Bitcoin

BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin’s history

February 12, 2021 - by coineradmin

According to data from Glassnode, Bitcoin (BTC) miners made over $4 million in just under an hour on Feb.  12, making it the biggest hourly revenue in history. In May …

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Bitcoin

Bitcoin’s biggest mining pool may be behind the BTC price drop, but buyers stepped in

January 22, 2021 - by coineradmin

Bitcoin (BTC) fell to lows of $28,950 on Jan. 22 thanks to miners likely selling huge amounts of their holdings — but big buyers made sure that the dip was …

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Bitcoin

‘Pay attention’ — Grayscale adds 18x the Bitcoin mined supply in one day

January 19, 2021 - by coineradmin

Asset manager Grayscale added 18 times more Bitcoin (BTC) than miners added to the supply in just one day on Jan. 18. As various data sources confirm, Grayscale, which remains …

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Bitcoin

Key Bitcoin price metric signals BTC may be near a local top

January 10, 2021 - by coineradmin

According to data from CryptoQuant, miners appear to be selling large amounts of Bitcoin (BTC). Historically, heightened selling pressure from miners marked a local top and led to sharp, prolonged …

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Bitcoin

Canaan releases liquid-cooled A1066I Bitcoin miner

January 5, 2021 - by coineradmin

Canaan, one of the earliest manufacturers of Bitcoin (BTC) ASIC miners, has released the Avalon Immersion Cooling Miner A1066I, a device designed to be liquid-cooled. Unlike traditional air-cooled devices and …

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Bitcoin

Millionaire Bitcoin addresses go parabolic as BTC price crosses $20K

December 17, 2020 - by coineradmin

Bitcoin’s (BTC) parabolic run has turned early miners into millionaires at a pace rarely seen before. Data from Glassnode shows that the number of Bitcoin addresses holding at least $1 …

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Bitcoin

Where next for Bitcoin price? BTC continues to stagnate below $18K

December 11, 2020 - by coineradmin

Throughout the past few days, the sell-side pressure from all sides has intensified. Bitcoin miners have sold their holdings at a scale unseen for over three years. On top of …

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Bitcoin

Where next for Bitcoin price? BTC continues to stagnate below $18K

December 11, 2020 - by coineradmin

Throughout the past few days, the sell-side pressure from all sides has intensified. Bitcoin miners have sold their holdings at a scale unseen for over three years. On top of …

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