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Bitcoin Miners Continue To Hold Their BTC

Bitcoin has traded between $30,000 and $50,000 from the start of 2022 to date. During that point, the mining trade has grown by leaps and bounds, as evidenced by steadily increasing difficulty and properly over 200 exahashes (EH) of whole computing energy. But no matter worth and different metrics, new blocks and their rewards preserve coming at a tempo of roughly 900 new bitcoin mined per day with the present 6.25 BTC subsidy per block.

So, what are miners doing with their cash amid uneven worth actions and regular hash fee development? For essentially the most half, they’re nonetheless holding.


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