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September 19, 2020
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Bitcoin

Bitcoin Miner’s profitability adjustment, last week’s trend


Miner’s movement last week According to on-chain data ByteTree, the amount of remittance exceeded the amount of new mining due to the bitcoin trend of the miner (minor) in the past week. This data shows that BTC mined in the past is newly sent to remittance, and it is pointed out that the miner may sell off the asset. For the past week, the impact after the half-life was warned from the minor indicators when the hash rate dropped significantly.
Source: ByteTree
In the tracked minor wallet, the bitcoin newly generated in one week until June 1st is a total …

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