✴️ #BTC

CoinDesk: According to JPMorgan, the Bitcoin network hashrate increased by 4% in the first two weeks of August

#crypto #blockchain #bitcoin

Reply to this note

Please Login to reply.

Discussion

How often are mining rewards immediately sold after the block is found? Are there statistics on how soon they are moved to exchanges?

I'm asking because it can tell us whether miners are stacking BTC, or expanding their mining operations.

Also, perhaps the coinbase address is the address of the miner's exchange account, so that it goes directly to the exchange?

nostr:nevent1qqsgfaem4ngdpjy2ylurpnt3dm3aetkj5ptjg2n8qjrzzhnh09vs0dgppemhxue69uhkummn9ekx7mp0qgsf63yx03mpv32ev9dp8qfug7pf8ss4628a7dfaufrrcjfz2kjn9qgrqsqqqqqpdrumel