Bitcoin Miners Are SELLING!! What It Means For BTC!!

While everyone’s busy speculating about whether Strategy will sell, a quieter storm is brewing in the Bitcoin mining world. Rising operational costs and the recent tumble in BTC’s price are putting miners in a tight spot, and some of the biggest players could be the first to dump their BTC.

Already, a number of mining companies are pivoting toward AI, hinting that they might not see crypto mining as a sustainable long-term play. But just how bad is it? Today, we’re taking a close look at the Bitcoin mining industry, giving you a clear picture of what’s going on, and whether you should worry.

~~~~~

πŸ›’ Get The Hottest Crypto Deals πŸ‘‰ https://www.coinbureau.com/deals/
♣️ Join The Coin Bureau Club πŸ‘‰ https://hub.coinbureau.com/
πŸ’₯ Coin Bureau Discord πŸ‘‰ https://go.coinbureau.com/cb-discord
πŸ“² Insider Info in our Socials πŸ‘‰ https://www.coinbureau.com/socials/
πŸ‘• Best Crypto Merch πŸ‘‰ https://store.coinbureau.com
πŸ”₯ TOP Crypto TIPS In our Newsletter πŸ‘‰ https://www.coinbureau.com/newsletters/
πŸ’Έ Coin Bureau Finance Channel πŸ‘‰ https://www.youtube.com/@CoinBureauFinance
⭐ More Coin Bureau Channel πŸ‘‰ https://www.youtube.com/@morecoinbureau
πŸ“ˆ Coin Bureau Trading Channel πŸ‘‰ https://www.youtube.com/@CoinBureauTrading

~~~~~

πŸ”₯OUR BRAND PARTNERSπŸ”₯

πŸ“ˆBitget up to 50K USDT Deposit Bonus & GetAgent Plus Trial (Exclusive AI-powered Trading Assistant) πŸ‘‰ https://go.coinbureau.com/bitget-getagent
πŸ“ŠJoin Toobit for 100K USDT Bonus and 50% Lifetime Fee Discount πŸ‘‰ https://go.coinbureau.com/toobit-coinbureau
πŸ”’Get 10% Off Your Tangem Wallet πŸ‘‰ https://go.coinbureau.com/tangem10

~~~~~

πŸ“ΊEssential VideosπŸ“Ί

How Much BTC to Retire πŸ‘‰ https://youtu.be/OOJAvQFdomk
Asset Manager Pivoting πŸ‘‰ https://youtu.be/Vqd0qZzSdhg

~~~~~

⛓️ πŸ”— Useful Links πŸ”— ⛓️

β–Ί Real Cost of Bitcoin Mining: https://www.compareforexbrokers.com/us/bitcoin-mining/#wrapper
β–Ί Miners Pivoting to AI: https://coingeek.com/block-reward-miners-cant-pivot-to-ai-fast-enough/
β–Ί Miner AI Benefits: https://www.dlnews.com/articles/markets/bitcoin-miners-ai-pivot-holds-auspicious-future/

~~~~~

~ TIMESTAMPS ~

0:00 Intro
0:57 Largest Bitcoin Mining Companies
4:47 The Rising Costs of Bitcoin Mining
6:36 Bitcoin Mining Companies Pivoting to AI
11:14 How Have Bitcoin Miners Sales Affected BTC?
13:37 Should We Be Concerned?

~~~~~

πŸ“œ Disclaimer πŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#bitcoin #bitcoinmining #btc

Leave a Reply

Your email address will not be published. Required fields are marked *