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Miners that hodl the most Bitcoin are ‘relentlessly expanding’ By Cointelegraph

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© Reuters.

(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
Bitcoin holdings of publicly listed Bitcoin miners. Source: Arcane Research
Miners’ reserves in blue are steadily increasing. Source: CryptoQuant