Bitcoin miners forced to dump holdings to stay afloat amid market crash

According to research from Arcane Crypto, public miners sold 14,600 BTC in June and a further 6,200 in July to pay debts and cover costs.
According to research from Arcane Crypto, public miners sold 14,600 BTC in June and a further 6,200 in July to pay debts and cover costs.
Marathon Digital has plugged 25% of its Bitcoin miners into a third-party pool to keep things going after a storm hit its Montana plant.
A 115-megawatt coal plant in Montana was practically earmarked for destruction until a Bitcoin mining company needed its “stranded energy.”