Home » Bitcoin Miners Begin Token Offloading Hoping to Retain Profits Before Upcoming Halving

Bitcoin Miners Begin Token Offloading Hoping to Retain Profits Before Upcoming Halving

Bitcoin miners are sprinting to sell portions of their BTC tokens to bag profits from BTC’s current raised prices ahead of the upcoming halving event. After halving, the block reward obtained by miners will be reduced in half, reducing their incentives for mining Bitcoin blocks and slowing down the addition of new tokens. Gadgets 360 Read More 

​ Bitcoin miners are sprinting to sell portions of their BTC tokens to bag profits from BTC’s current raised prices ahead of the upcoming halving event. After halving, the block reward obtained by miners will be reduced in half, reducing their incentives for mining Bitcoin blocks and slowing down the addition of new tokens.