Comment on Miners stockpile Bitcoin ahead of upcoming halving event

Miners stockpile Bitcoin ahead of upcoming halving event

Cryptocurrency miners are stockpiling near-record amounts of Bitcoin, hoping the token will rise in value and offset a drop in new supply that will cut the rewards for verifying transactions in half, according to a recent Financial Times report. Major listed miners like Marathon Digital, CleanSpark, and Bitfarms have collectively hoarded Bitcoin worth around $2.8 billion, according to data from The Miner Mag.

 

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