CryptoPotato - Bitcoin miner reserves are at a 14-year low despite growing mainstream adoption, but analysts stay optimistic due to factors like rising institutional interest

in blockchain •  7 months ago 

https://cryptopotato.com/miners-bitcoin-btc-stash-dwindles-to-levels-unseen-since-satoshi-era/
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Bitcoin miners are selling off their reserves at the lowest rate in 14 years, despite a surge in institutional interest.

This is likely due to rising mining costs and the need to stay profitable.

However, analysts remain optimistic about Bitcoin's future, citing factors like strong long-term investor conviction and a return to accumulation.

What do you think?

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blockchain horror satoshi bitcoin miner reserves low mainstream
7 months ago by

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      ·  7 months ago 

    Upvoted! Thank you for supporting witness @jswit.

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