Why Bitcoin Miners Are Feeling the Heat and Dumping Their Coins
Bitcoin miners are selling more coins than they can generate, as the price of the cryptocurrency has plummeted in recent months, eroding their profit margins and forcing them to cope with market headwinds. This has created a negative feedback loop that could further depress the market and make mining even harder. However, this could also create opportunities for miners who can adapt, innovate, and survive in the changing environment.