Bitcoin Miner Reserves Plunge to Record Low as Revenue Collapses
Bitcoin miners are aggressively draining their reserves in a bid to shore up steadiness sheets in opposition to a historic collapse in income effectivity. Data from CryptoQuant reveals that miners have transferred greater than 30,000 Bitcoin, valued at round $2.6 billion, from their wallets since November 21. Bitcoin Mining Faces Survival Phase as Reserves Fall…
