Glassnode: miners accumulate BTC. Bitcoin hashrate returned to growth – Bits Media

Miners accumulate BTC on wallets again for the first time since early June. Bitcoin hash rate begins to recover after decline due to closure of mining farms in China.

According to the charts, provided by the analytical companies Glassnode and Santiment, in the last days there have been several positive developments for Bitcoin. Балансы кошельков майнеров BTC снова растут, and the hashrate of Bitcoin is being restored.

According to Glassnode, после периода интенсивных продаж BTC в июне, in July, mining companies started accumulating coins on their wallets again. До июня они также накапливали BTC, as seen on the graph. It means, что теперь на рынок поступает меньше BTC для продажи.

Glassnode: miners accumulate BTC. Bitcoin hashrate returned to growth - Bits Media

According to the record
on twitter, published by analysts Santiment, приток BTC на биржевые кошельки упал до 50-дневного минимума. The volume of bitcoins on wallets controlled by centralized exchanges is also declining. Santiment experts emphasize, what is this, probably, свидетельствует о возможном снижении объемов продаж BTC.

Согласно другому графику Glassnode, Bitcoin hashrate started to recover after recent significant drop. The hash rate went down in June, when the Chinese government submitted
prohibitive measures against local miners, denying them access to energy sources, including miners in the provinces, hydropower-rich.

Glassnode: miners accumulate BTC. Bitcoin hashrate returned to growth - Bits Media

This move by the Chinese authorities forced mining companies to seek new jurisdictions, choosing more business friendly regions, eg, Kazakhstan, Канада и США. In mid to late June, Bitcoin's hashrate dropped to 58 Eh / s – lowest level since 2019 of the year – from the all-time high 171 Eh / s in May.

Chinese journalist Colin Wu (Colin Wu) suggested, that it will be difficult for the BTC hashrate to recover even to 130 Eh / s, not speaking about 171 Eh / s, если Китай не прекратит проводить запретительную политику в отношении майнеров. However now, according to Blockchain.com, Bitcoin hashrate has already recovered to 93 Eh / s.