Crypto
Bitcoin Miners Continue to Sell BTC Ahead of Halving, Blockchain Data Show
![](https://blacknewsdaily.com/wp-content/uploads/2024/02/YCPQCPI5NFF5FG57A2AAE5RWL4-780x470.jpg)
Currently, the miners receive 6.25 BTC per block. The halving, a quadrennial event due in April, will reduce that figure to 3.125 BTC, cutting per-block revenue by 50%. To improve profitability, miners may be using their stored BTC to buy more efficient equipment so that running costs drop, said FRNT Financial, a crypto platform based in Toronto.