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Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low. Roughly four weeks ago on June 19, the total amount of BTC transferred out […]
The post Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low appeared first on Bitcoin News.
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On February 7, the blockchain analytics provider Tradeblock published a report about the upcoming BTC reward halving. BTC’s block reward is expected to halve on or around May 12, 2020, and Tradeblock’s report estimates that the cost to mine BTC will be over $12,500 after the halving. Also Read: The Controversial S2F Model Predicts Bitcoin […]
The post Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC appeared first on Bitcoin News.
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