Similar Stories to Miners Stockpile Bitcoin Ahead Of Upcoming Halving Event on Bing News

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.

BING NEWS:
  • The Bitcoin Halving Is Done. 3 Cryptocurrencies to Buy Now.
    Three digital assets are primed for significant gains in the wake of Bitcoin's latest halving event. There's a crypto for every taste here.
    05/18/2024 - 6:31 am | View Link
  • Bitcoin Miners Jump This Week After the Halving
    Bitcoin's (CRYPTO: BTC) halving has concluded, and in a surprising move, miners were some of the beneficiaries, despite the impact the change may have on their income statements. Earlier this week ...
    04/26/2024 - 9:15 am | View Link
  • Bitcoin Miners Jump This Week After the Halving
    This could be a delayed reaction to Bitcoin's long-term increase. Earlier this week, Bitcoin's halving took place, and as a result, each block reward was cut nearly in half. In theory, this means ...
    04/26/2024 - 5:15 am | View Link
  • Bitcoin Miners Brace for the ‘Halving’—and Race to Cash In
    “If [the price of] bitcoin had not run recently, we would have had a very different post-halving environment,” says Asher Genoot, CEO of mining company Hut 8. “Right now, price is bailing a ...
    04/19/2024 - 1:50 am | View Link
  • Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark
    NSC Director: Biden Administration Hasn’t Determined Holistic Policy Approach to Virtual Currency Crypto miners are the group most affected by bitcoin's (BTC) reward halving, and they are better ...
    04/18/2024 - 9:52 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News