Data: Since February, miners have accumulated $600 million worth of Bitcoin

Data: Since February, miners have accumulated $600 million worth of Bitcoin

2021/9/22

According to reports, despite the recent market turmoil, Bitcoin miners seem to be reluctant to sell their BTC as the computing power of Bitcoin's entire network increases. According to the analysis of on-chain analytics provider Glassnode, as the network's computing power continues to recover, Bitcoin miners accumulate BTC, and their current balance is still increasing. In the past six and a half months, wallets associated with miners have stored 14,000 BTC, valued at approximately US$600 million. Glassnode also pointed out in its analysis report that, compared with the previous market cycle, during the bull market in 2020 and 2021, miners retained BTC to get more returns. With the recovery of Bitcoin network computing power in the third quarter of 2021, the trend for miners to accumulate BTC continues.


NOTICE
This is an original piece. Reproduction in whole or part without written permission is prohibited.
0
About products purchase, please contact our sales manager:
[email protected]

About miner repair and after-sale issues, please contact the repair manager email:
[email protected]

For business cooperation, please contact:
[email protected]

COMPLAINTS & SUGGESTIONS
If you have any dissatisfaction during the transaction or have valuable suggestions for us, please contact us via this email address:
[email protected]
Here is a list of scammers who scamming our customers, if you are chatting with them, please stop chat and let us know immediately:
Telegram:
@Zeusminingcrypto
@ZEUSMININGCRYPTOOFFICIAL
@bearacong

The scammers will change the accounts when they know they are exposed. So please be sure we only have these legal contact accounts which this page: https://www.zeusbtc.com/Contact-us.asp

CLOSE