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Home Crypto Updates

Coinbase Says Miners’ Gross sales of Newly Minted Bitcoins Don’t Add Important Market Stress

by cryptostandard
July 4, 2022
in Crypto Updates
Reading Time: 1 min read
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In instances of market upheaval and a falling bitcoin value, margins compress throughout the board, and drive extra miners to grow to be internet sellers, the word mentioned. Given the value drop and the ensuing lack of profitability, the financing setting for the mining trade has “shifted materially” since late final 12 months, and elevating capital within the public markets has grow to be very tough, Coinbase mentioned.



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