JUN 21, 2021 • 3 Min Read
China continues to pile up FUD by re-iterating that banks should not engage in business with Crypto OTC traders. Miners turned into net sellers after weeks of accumulation (most likely attributable to Chinese miners). Hashrate concentration in the largest pools continues to drop, but hash rate decentralization improves with smaller pools increasing their share.
Chinese miners are shipping their mining rigs overseas. Can we expect hash rate recovery soon?
#China logistics firm in Guangzhou confirms to @CNBC it’s airlifting 3,000kg (6,600lbs) #bitcoin mining machines to Maryland, USA. Fenghua International advertises products delivered to door, tax on both ends cleared. Price per kilo: as low as $9.37! #cryptocurrencies pic.twitter.com/8yUjZjhpkk
— Eunice Yoon (@onlyyoontv) June 21, 2021
Ethereum miners have made $100m from integrating with Flashbots.
As of today miners have made $100m from Flashbots ? pic.twitter.com/S6v4QEMlJk
— Robert Miller (@bertcmiller) June 21, 2021
MicroStrategy bought more BTC.
MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin. As of 6/21/21 we #hodl ~105,085 bitcoins acquired for ~$2.741 billion at an average price of ~$26,080 per bitcoin. $MSTRhttps://t.co/gLfnOxZEZc
— Michael Saylor (@michael_saylor) June 21, 2021
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