Miners that hodl the most Bitcoin are ‘relentlessly expanding’

Miners that hodl the most Bitcoin are ‘relentlessly expanding’

Bitcoin (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.” 

Publicly listed Bitcoin miners projected hashrates. Source: Arcane Research

44.95% of the global hash rate derives from North American miners, according to the latest…


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