Amit Vikram
@amitvikram
🇮🇳 Bitcoin miners' reserves have dropped to a 3-year low— the total number of coins held by miners has decreased to 1,510,300 BTC, which is approximately 2.4% less than the record amount held in December 2020. At current prices, the total value of BTC assets on the balance sheets of mining companies is around $86 billion, or about 8% of all BTC in circulation. The profitability of Bitcoin miners has also fallen to a record low.
0 reply
1 recast
35 reactions
