• Home
  • Currencies
  • Funds
  • Rewards
  • Events
logo

Cryptorank News

  • Home
  • Currencies
  • Funds
  • Rewards
  • Events
News

Miners have sold less Bitcoins than generated for 7 days

  • June 8, 2020

​According to Bytetree data, miners have sold less Bitcoins than they generated for the last 7 days, what led to accumulation of +787 BTC.

This growth can be considered not only as a bullish sign, but also as an inability to cover mining cost at current price levels.

By the way, the increase happened despite the significant BTC outflow from an unknown BTC pool and the following sharp drop of the BTC price to $9300.

You Might Like
Events, Press Releases

Bitcoin Asia Returns to Hong Kong for 2027

Events, Press Releases

Southeast Asia’s Largest Web3 Summit Draws 10,000+ as Indonesia Moves to Institutionalize Blockchain

Events, Press Releases

Coinfest Asia 2026 Brings Global and Indonesian Players Together to Shape the Future of Digital Assets

Leave a Reply Cancel reply

Recent Posts

  • Bitcoin Asia Returns to Hong Kong for 2027
  • Southeast Asia’s Largest Web3 Summit Draws 10,000+ as Indonesia Moves to Institutionalize Blockchain
  • Coinfest Asia 2026 Brings Global and Indonesian Players Together to Shape the Future of Digital Assets
  • Blockchain Life Returns to Dubai on December 1–2, 2026
  • GWDC 2026 KOREA Hackathon Officially Launches Global Applications: Backed by Microsoft, TRON, and BNB Chain with $100K+ in Cash & Ecosystem Resources, Gathering Global Builders in Seoul to Shape the Future of AI × Web3  
Bitcoin Price by Cryptorank

Categories

  • AMA Recap
  • Analysis
  • Careers
  • CryptoRank
  • Currency Market
  • Education
  • Events
  • ICO Reviews
  • Investment
  • Mining
  • News
  • Press Releases
  • Uncategorized
  • Wallet
Market State by Cryptorank
Products
  • Exchanges
  • ICO’s
  • Web3 Crypto Portfolio
  • Alerts
  • Watchlist
  • Analytics
Contact us
  • List your ICO on CryptoRank
  • List your token on CryptoRank
  • Any questions: info@cryptorank.io
Recent Posts
  • Bitcoin Asia Returns to Hong Kong for 2027
  • Southeast Asia’s Largest Web3 Summit Draws 10,000+ as Indonesia Moves to Institutionalize Blockchain
  • Coinfest Asia 2026 Brings Global and Indonesian Players Together to Shape the Future of Digital Assets
© 2026 cryptorank.io