Recent developments indicate a recovery for Bitcoin miners as financial pressures have eased significantly in recent months. A report from CryptoQuant highlights an increase in the processing power of the Bitcoin network, known as hashrate, rising from 899 exahashes per second (EH\/s) on July 31 to 962 EH\/s. Additionally, the decline in hashrate has slowed, dropping from 18 percent on July 28 to 13 percent.<\/p>\n
The resurgence of Bitcoin’s market price has played a crucial role in this recovery. After hitting a low of $58,000 in July, the cryptocurrency’s value surged by approximately 45%, surpassing the $83,000 mark. This price increase has had a direct positive impact on miners’ earnings, with daily mining revenue escalating by 78%, moving from $27 million to $48 million. Furthermore, daily revenue from transaction fees also saw an increase, rising from $195,000 to $275,000, although these still lag behind block rewards.<\/p>\n
According to CryptoQuant, the profitability conditions for miners have improved since the summer, particularly after Bitcoin reached $76,000 on August 21. This renewed profitability has corresponded with a reduction in Bitcoin selling pressure from miners. Data reveals that miner wallets have not shown significant outflows since mid-August, indicating stability in their holdings.<\/p>\n
In fact, miners who have been involved in the Bitcoin space since its early days have contributed to this trend. In September, only about 600 BTC were withdrawn from these wallets, a notable decrease compared to approximately 2,000 BTC withdrawn in January. This reduction signifies a shift in behavior among long-term miners.<\/p>\n
Moreover, the total balance in the addresses of miners holding between 100 and 1,000 BTC has remained stable at around 51,000 BTC since early September. This follows a sharp decline from 64,000 BTC in December 2025, representing roughly a 20 percent drop in their holdings.<\/p>\n
Overall, the combination of rising Bitcoin prices and increased hashrate appears to be setting a more favorable landscape for miners, alleviating the financial strains that have characterized the market in recent months.<\/p>\n","protected":false},"excerpt":{"rendered":"
Recent developments indicate a recovery for Bitcoin miners as financial pressures have eased significantly in recent months. A report from CryptoQuant highlights an increase in the processing power of the Bitcoin network, known as hashrate, rising from 899 exahashes per second (EH\/s) on July 31 to 962 EH\/s. Additionally, the decline in hashrate has slowed, […]<\/p>\n","protected":false},"author":14,"featured_media":60227,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Decline in Selling Pressure Among Bitcoin Miners Explained - Bitrabo","description":"Recent developments indicate a recovery for Bitcoin miners as financial pressures have eased significantly in recent months. A report from CryptoQuant highlight"},"_slim_seo_primary_term_category":0,"_slim_seo_primary_term_post_tag":0,"footnotes":""},"categories":[316],"tags":[448,19835,1590,1494,499,2395],"class_list":["post-60226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-declined","tag-miners","tag-pressure","tag-selling","tag-significantly"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/60226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=60226"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/60226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/60227"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=60226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=60226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=60226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}