Miners have been selling cryptocurrencies frequently recently, and the amount sold exceeds the amount mined

Miners have been selling cryptocurrencies frequently recently, and the amount sold exceeds the amount mined


Data from Cryptocomposite.com shows that miners have been selling cryptocurrencies frequently recently to pay for mining costs, and the sales volume has exceeded the mining volume.

According to Charlie Morris, head of the site’s development team, miners have sold about $10 million in inventory in recent days, an amount that is less than their daily revenue.

Despite the recent rebound in the cryptocurrency market, profit margins for mining companies have narrowed, prompting some miners to leave the mining market.


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