TechFlow news, according to data disclosed by Vincent Maliepaard, Marketing Director at IntoTheBlock, Bitcoin miner reserves have decreased by approximately 20,000 BTC since June. The recent Bitcoin halving two months ago may be a driving factor behind miners' selling pressure, as profit margins have been declining ever since.
CJ Burnett, Chief Revenue Officer at Compass Mining, said large mining companies are still actively purchasing the latest generation of mining rigs to improve efficiency, achieve economies of scale, and increase gross margins.




