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Miners that hodl the most Bitcoin are ‘relentlessly expanding’ -Breaking

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© Reuters.

(BTC) miners are holding more and more Bitcoin while “relentlessly expanding” their operations in 2022.

A report by Arcane Research indicates that publicly listed Bitcoin miners are “constantly looking for expansion opportunities,” as they “plan to increase hashrate faster than the whole network in 2022.”

Bitcoin miners publicly listed projected high hashrates. Source: Arcane Research
Bitcoin mining operations of public-listed Bitcoin miners. Source: Arcane Research
Blue reserves are steadily growing in the blue miner’s portfolio. Source: CryptoQuant