Journalist Posted: September 7, 2023 Bitcoin miners face some pressure but current market conditions could still be considered workable. Bitcoin miner reserves stand at a premium compared to YTD lows. The state of Bitcoin mining often reflects on how the network is fairing, as well as the level of market activity at any given time. […]
Bitcoin’s network hash rate bumped to a 4-month high. Miners delayed selling their holdings due to their belief in the growth potential of BTC. Bitcoin’s [BTC] miner activity is closely tracked by experts in the crypto ecosystem, as it provides vital clues into the network’s health and the level of profitability in the mining sector.