Weaker Bitcoin (BTC) Miners Selling BTC in Droves as Bitmain Debuts Cheaper Hardware

Weaker bitcoin miners are engaging in massive selloffs as Bitmain debuts a cheaper model in the Antminer series.  Inefficient Miners Offloading Bitcoin Likely Signaling Capitulation Smaller Bitcoin miners appear to be capitulating as figures show massive BTC selling. This trend comes as the May halving sees block reward slashed by 50 percent likely negatively impacting

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Source: BTC Manager