Bitcoin miners- which make up a sizeable portion of the token’s holders, are likely to sell more of their holdings as mining profitability slumps. Data from Bitinfo shows that average mining profitability is roughly 10 cents a day for 1 transaction hash, close to record lows. A sharp tumble in Bitcoin prices, coupled with rising
The post Bitcoin Mining Data Suggests More Price Dumps Ahead; Details appeared first on CoinGape.
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