Category: Mining

[ad_1] Cango Inc. sold 4,451 bitcoin over the weekend as miners across the sector face mounting pressure from low prices, thin margins, and falling mining revenue. Cango Dumps 4,451 BTC to Cut Debt On Monday, Cango Inc. confirmed it had completed the sale of 4,451 BTC on the open market, settling the transaction in USDT…

[ad_1] Bitcoin’s price story lately has been told like it only has one main character, the ETFs. Money goes in, price goes up, money goes out, price goes down. It’s a clean narrative, and it’s not wrong, but it’s incomplete, because Bitcoin is not just a ticker. The network has its own internal plumbing, and…