Low retail forces from bitcoin miners to sell BTC record before 109 thousand dollars

Bitcoin

He achieved the highest new level ever at 109,000 dollars on Wednesday, but this is a small consolation for bitcoin workers’ workers ’workers’ workers ’work, who were forced last month to spend in a record number of their BTC reserves, according to the Mining News Outlet.

The latest research report for the company reveals that public mines sold 115 % of Bitcoin production in April – which means that they sold more than they produced. This is the highest percentage since the end of the tail in the 2022 bear market.

Even today, with the division of Bitcoin into a new record above 109,000 dollars, hashprice failed (what mining workers gain for each unit of arithmetic energy) in example. It is only $ 55 per Pethash in the second (PH/S), which is much lower than $ 63/pH/S that briefly reached the last time Bitcoin crossed $ 100,000 in December. It has kept the difficulty of the high network and weak transactions fees under pressure.

The best players in mining space expand regardless of. “Cleanspark’s (CLSK) has exceeded 40 EH/S, and IRN (IRN), which recently exceeded riot platforms (RIOT) as the third largest general mines in terms of realistic vasexa, a 25 % jump in retailer and now targets a total of 50 EH/S by June. Kano (Cang), at the same time, looks forward to 18 EH/s by July.

Hashrate installed on Mara Holdings (Mara) is still the highest at 57.3 EH/S, according to Tuesday report By Jeffrez Investment Bank. The report added that IRN was the highest time to timing at a timing of about 97 %, followed by HIVE Digital (HIVE) technologies by approximately 96 %.

At the same time, a shift occurs in how to secure miners. Several public companies have carried deals with a point image that allows them to pay the price of mining platforms in Bitcoin while maintaining the right to purchase their metal currencies at a predetermined price – which is a hedge for more prices in prices.

Mining shares, which were beaten in the first quarter, fell back-by more than 60 % in April alone-although most of them are still low on an annual basis. Only Cleanspark and Mara Holdings are in a positive area for this year.