Bitcoin miners were forced to liquidate large portions of their Bitcoin holdings to cover operational expenses due to the surge in hash rates and mining difficulty, according to data from Compass Mining published on January 26. In its annual review of the Bitcoin mining ecosystem, Compass Mining highlighted that the older blockchain witnessed a major […] The post Record-high Hash Rates and Mining Difficulty Pushed Miners to Sell BTC: Compass Mining appeared first on Cryptonews.
Record-high Hash Rates and Mining Difficulty Pushed Miners to Sell BTC: Compass Mining
Crypto News - 29 Jan 2024 22:12
Bitcoin miners were forced to liquidate large portions of their Bitcoin holdings to cover operational expenses due to the surge in hash rates and mining difficulty, according to data from Compass Mining published on January 26. In its annual review of the Bitcoin mining ecosystem, Compass Mining highlighted that the older blockchain witnessed a major […] The post Record-high Hash Rates and Mining Difficulty Pushed Miners to Sell BTC: Compass Mining appeared first on Cryptonews.
Share this Article
Recommended