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The ongoing market slump caused by the FTX fallout hasn’t left Bitcoin miners unscathed. The market has seen the biggest one-day miner selling pressure since January 2021, and data analyzed by CryptoSlate shows that the selling pressure shows no signs of stopping. We could see extended selling pressure from miners until the average hash price…
Bitcoin FUD comes in all shapes and sizes, ranging from unbridled energy consumption to rampant crime. Since 2017, the World Economic Forum has been warning that Bitcoin will eventually consume more power than the entire world. Governments around the world have been campaigning against Bitcoin mining and warning about its effects on climate change. Regulators…