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More BTC Sold Than Mined Last Week

Emily Mason

Summary: 673 more BTC was sold than mined last week, according to data from ByteTree. 5,800 BTC was mined in the past week while there have been more than 6,500 transactions marking the first time Bitcoin left the wallet it was generated in, also called a 'first spend' transactions, as reported by cointelegraph.com. Industry leaders MicroBT ...

673 more BTC was sold than mined last week, according to data from ByteTree.

5,800 BTC was mined in the past week while there have been more than 6,500 transactions marking the first time Bitcoin left the wallet it was generated in, also called a 'first spend' transactions, as reported by cointelegraph.com.

Industry leaders MicroBT and Bitmain plan to release new mining hardware to improve mining efficiency in coming months.

By Emily Mason

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