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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BING NEWS:
  • Where will Bitcoin's price be at the next halving in 2028?
    The Bitcoin halving has come and gone. Now experts predict what’s on the cards for Bitcoin by the time of the next halving in 2028.
    04/19/2024 - 7:06 pm | View Link
  • Miners Increase Bitcoin Reserves in Anticipation of Upcoming Halving Event
    Cryptocurrency miners are actively accumulating Bitcoin, preparing for an event that holds significant implications ...
    04/18/2024 - 6:24 pm | View Link
  • 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… Continue reading Miners stockpile Bitcoin ahead of upcoming halving ...
    04/18/2024 - 5:03 am | View Link
  • Despite unpredictable bitcoin price pre-halving, analysts project long-term gains
    In a recent discussion, crypto market analysts outlined bitcoin's price volatility in relation to broader market changes.
    04/16/2024 - 11:16 am | View Link
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