Are Bitcoin Miners Selling Bottom?  Bitcoin Magazine

Are Bitcoin Miners Selling Bottom? Bitcoin Magazine

Buying low and then selling high is one of the essential components of investment advice in the history of the financial markets. Bitcoin now 10 months into the current bear market cycleand many investors and companies that did not “sell at a high price” may regret it.

However, miners are different from all other market participants, because in reality they always buy (pay for electricity to earn more bitcoin) and, depending on the company’s strategy, always sell (sell bitcoin to pay for capital expenditures and operating costs).


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