Miners Are Hoarding BTC, Expecting Higher Prices

Miners Are Hoarding BTC, Expecting Higher Prices

May 8, 2020 by CS Team
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Miners are hoarding Bitcoin ahead of the halving, sending bullish signs. According to ByteTree, over the past of the last week alone, miners have mined and hoarded 1,067 BTC ($10.5 million), expecting the price of BTC to continue to rise. Recently, Iran issued a license for the biggest Bitcoin mining farm in the country, made
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Bitcoin miners hoarding

Miners are hoarding Bitcoin ahead of the halving, sending bullish signs.

According to ByteTree, over the past of the last week alone, miners have mined and hoarded 1,067 BTC ($10.5 million), expecting the price of BTC to continue to rise.

Recently, Iran issued a license for the biggest Bitcoin mining farm in the country, made up of 6,000 Machines.

Source: CryptoNews.com

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