Bitcoin sees first difficulty drop in 2 months as miners sell 8K BTC
Recent weeks have caused fresh headaches for miners, who at one point were reducing their balances by more than 8,500 BTC per month. Bitcoin (BTC) miners remain under stress at current price levels as data shows large outflows from miner wallets returning.According to on-chain analytics firm Glassnode, monthly miner sales totaled up to around 8,000 BTC in September.Bitcoin miners see heavy salesIn contrast to the June lows, when BTC/USD hit its current multi-year floor of $17,600, miners are currently selling considerable amounts of BTC.According to Glassnode, which tracks the 30-day....
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Bitcoin’s Mining Difficulty Drops 2.35%
On Wednesday, June 22, at block height 741,888, Bitcoin’s mining difficulty decreased 2.35% lower than two weeks ago. At that time, the....
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