network are miners with major BTC holdings. In today’s volatile market, keeping track of their reserves is more crucial than ever. Interestingly, the amount of BTC held in minerWhile factors like rising mining difficulty, breakeven expenses, halving, and reduced rewards are often blamed, there may be a deeper shift at play.
Over time, it has built a passionate community of ‘believers’ who see BTC not just as a digital asset, but as a powerful symbol of decentralization. A closer look at the chart above revealed an interesting pattern – The expected returns on Bitcoin holdings didn’t play out the way mining companies anticipated, particularly as Bitcoin neared the $100k mark.
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