Are bitcoin miners selling

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Bitcoin Miners Sell-Off!bitcoinbricks.org #Hut8 #mara #dwacw #cifrw #corzq
Cashing in on a stunning price rally, bitcoin miners sold all the tokens they minted in October, amounting to worth $ million. Bitcoin Miners Sold More Tokens Than They Minted During October's Crypto Rally Bitcoin surged 28% to around $35, last month, bringing. But if the value of Bitcoin is low and the cost of electricity is high, crypto companies can make more money selling power than mining Bitcoin.

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Register Now. Some miners, like Marathon, used the fresh capital to pay down hefty debt loads incurred when they scaled up to ride the bill run, while others used the funds to finance infrastructure expansion and new ASIC miner orders. Usually, miners sell minted coins to replenish their cash flows or take advantage of rallying crypto prices. Marathon is altering this approach by acquiring two Bitcoin mining sites from Generate Capital one in Kearney, Nebraska and the other in Granbury, Texas , which Generate clawed back from Compute North in its bankruptcy.