According to @caprioleio, Bitcoin Miner Sell Pressure spiked into the indicator's warning zone two days before the recent BTC crash. source: @caprioleio on X on 2025-10-10 https://twitter.com/caprioleio/status/1976790916133531839 The author states miners are becoming smarter traders and presents the warning-zone spike as an early signal that preceded the downside move in this instance. source: @caprioleio on X on 2025-10-10 https://twitter.com/caprioleio/status/1976790916133531839

According to @BitMEXResearch, @boomer_btc’s view mirrors Mike Hearn’s earlier position that Bitcoin miners may prioritize the network’s long-term health over maximizing immediate next-block fee revenue when selecting transactions (source: @BitMEXResearch, Oct 6, 2025). According to @BitMEXResearch, this miner transaction-selection incentive issue has been debated endlessly within the community (source: @BitMEXResearch, Oct 6, 2025).

According to the source, Donald Trump’s stance moved from calling Bitcoin “not a fan” to engaging industry stakeholders, a shift documented from his July 2019 tweets to multiple 2024 policy signals, source: Donald J. Trump Twitter archive via U.S. National Archives, July 11, 2019; Reuters, May 21, 2024. In July 2019 he tweeted that Bitcoin is “not money” and linked it to illicit activity, marking his initial opposition to BTC, source: Donald J. Trump Twitter archive via U.S. National Archives, July 11, 2019. He later described Bitcoin as a “scam” in a June 2021 Fox Business interview, reinforcing a skeptical posture at that time, source: Fox Business interview, June 7, 2021. In May 2024 his campaign began accepting cryptocurrency donations via Coinbase Commerce, signaling increasing political adoption of digital assets, source: Reuters, May 21, 2024. In January 2024 he pledged to oppose a U.S. central bank digital currency, a concrete policy position relevant to private crypto alternatives, source: CNBC, January 17, 2024. In June 2024 he told U.S. Bitcoin miners he wants more BTC mined domestically, an explicit signal with direct implications for listed miners on power policy and permitting, source: Reuters, June 12, 2024. The SEC’s approval of multiple spot Bitcoin ETFs in January 2024 broadened institutional access and set a backdrop where policy headlines can intersect with ETF flows and mining economics, source: U.S. Securities and Exchange Commission, January 10, 2024; SEC Order approvals for spot Bitcoin ETFs.

According to the source, Canaan said Thursday it secured an order for over 50,000 Bitcoin mining rigs, its largest in three years, source: Canaan company announcement. For trading, such mega-orders expand backlog and improve near‑term revenue visibility because Canaan recognizes revenue upon delivery of mining machines and related performance obligations, source: Canaan 2023 Form 20-F revenue recognition. Large orders often involve prepayments recorded as contract liabilities, which can bolster near-term operating cash flow before shipment, source: Canaan 2023 Form 20-F contract liabilities. Once deployed, additional rigs can lift BTC network hash rate, and higher hash rate typically increases mining difficulty via the Bitcoin protocol’s roughly biweekly adjustment, potentially pressuring miner margins, source: Bitcoin protocol documentation. Traders should watch for details on model type, delivery schedule, pricing, and customer identity, as these drive average selling price, gross margin, and timing of revenue, source: Canaan 2023 Form 20-F product mix and ASP disclosures. Monitor CAN for volume and any guidance updates tied to the order, and assess spillover to listed miners whose fleet expansion and cost per TH are sensitive to equipment availability, source: SEC filings of listed Bitcoin mining companies.

According to the source, Canaan (NASDAQ: CAN) jumped 25% after securing its largest Bitcoin mining rig order in three years, indicating a sharp pickup in ASIC demand and potential backlog expansion. Source: the provided post. Canaan’s revenue mix is driven by Avalon ASIC miner shipments and confirmed purchase orders, so a sizable deal typically strengthens near-term bookings, capacity utilization, and pricing power when demand exceeds supply. Source: Canaan Inc. 2023 Form 20-F. Traders should monitor peer mining-equipment names and listed miners for sympathy moves, and track BTC price and network hash rate as key drivers of miner capex and hardware cycles. Sources: Blockchain.com Bitcoin network hash rate data; Canaan Inc. 2023 Form 20-F.

According to the source, JPMorgan reported that Bitcoin mining companies saw their market capitalization surge in September as firms pivoted to high-powered computing that serves the fast-growing artificial intelligence sector, supporting equity valuations in the space (source: JPMorgan). For traders, the source underscores AI-driven compute pivots as a key driver of miner stock performance tied to BTC exposure during September, warranting close monitoring of further capacity shifts and revenue mix updates from miners (source: JPMorgan).

According to BitMEX Research, Bitcoin blockspace should be allocated by market pricing and miners should not avoid high-fee transactions, as stated in its post on X dated Sep 30, 2025, source: BitMEX Research (X, Sep 30, 2025). This stance reinforces fee-based prioritization in miner transaction selection, a core driver of BTC fee market dynamics relevant to transaction costs and confirmation ordering, source: BitMEX Research (X, Sep 30, 2025).

According to @OpenAI, the company announced five new Stargate sites in partnership with Oracle and SoftBank and stated this puts it ahead of schedule on its 10-gigawatt compute commitment first outlined in January. Source: OpenAI on X, Sep 23, 2025; OpenAI company blog. Oracle is explicitly named as a buildout partner, extending the firms’ existing AI infrastructure collaboration after OpenAI selected Oracle Cloud Infrastructure to augment Microsoft Azure for AI workloads. Source: OpenAI on X, Sep 23, 2025; Oracle press release, June 11, 2024. The 10 GW roadmap underscores rapidly rising data center power needs, with the International Energy Agency projecting data centers, AI, and crypto could consume around 1,000 TWh in 2026 versus roughly 460 TWh in 2022, highlighting potential grid and pricing pressures relevant to energy-exposed assets. Source: International Energy Agency, Electricity 2024 report. For crypto markets, tighter power markets from accelerated AI compute buildouts can affect Bitcoin miners’ operating costs and curtailment dynamics in hubs like Texas, where miners monetize demand response during grid stress. Source: International Energy Agency, Electricity 2024; Riot Platforms 2023 Annual Report on ERCOT power credits and curtailment. AI-linked crypto assets such as RNDR, FET, and WLD have historically shown sensitivity to major AI infrastructure catalysts and AI equity rallies around NVIDIA events, making them relevant for momentum monitoring on this headline. Source: Kaiko Research, March 2024; Binance Research, 2024 AI Narratives report. Equity traders can focus on Oracle ticker ORCL and SoftBank Group ticker 9984.T given their explicit involvement, while monitoring NVIDIA ticker NVDA and power-exposed names due to downstream demand signaled by the scale and partners named. Source: OpenAI on X, Sep 23, 2025; International Energy Agency, Electricity 2024.

According to @adam3us, nudging miners with education, outreach to switch to pools that do not include image-style 'JPEG' transactions, and fee-backed economic lobbying could reduce their inclusion in BTC blocks, indicating a push for stricter pool-level transaction policies, source: Adam Back (X, Sep 5, 2025). A coordinated mining-pool policy directly changes block templates and which transactions compete for scarce block space, thereby influencing the Bitcoin fee market, source: Bitcoin.org Developer Guide on Mining and Transaction Fees. Traders should monitor pool policy announcements, the share of blocks mined by pools that exclude such transactions, and median sat/vB fee levels as near-term catalysts for BTC on-chain costs and throughput, source: Bitcoin.org Mining overview; mining pool operator communications. A visible decline in these image-style transactions would be reflected in mempool composition and block contents, signaling potential easing of fee spikes that impact deposit and withdrawal costs for exchanges and users, source: Bitcoin.org Mempool and Fees documentation.

According to @adam3us, public miners and mining pools are disincentivized from actions that create excessive negative PR because it can impact the share prices of listed miners, a factor traders should consider when assessing miner equity risk and crypto market sentiment, source: @adam3us on X, Sep 5, 2025. According to @adam3us, a 0.1 percent profit bump can be offset by soft factors such as miners switching pools and harm to the BTC price, indicating that marginal revenue strategies that risk reputational damage may not be economically rational for miners and pools, source: @adam3us on X, Sep 5, 2025.

According to @BitMEXResearch, economic user nodes and investors enforce Bitcoin protocol rules, while miners decide which transactions are included in each block. Source: BitMEX Research on X, Sep 4, 2025. @BitMEXResearch added that miners should select transactions to maximize per-block revenue and adopt incentive compatible software, highlighting revenue-driven transaction selection as a key dynamic for BTC network activity and settlement. Source: BitMEX Research on X, Sep 4, 2025.

According to @adam3us, Bitcoin miners are including 'spam' transactions and he directed readers to BitMEX Research’s article Removing Bitcoin’s Guardrails for context. Source: Adam Back on X, Sep 3, 2025 https://twitter.com/adam3us/status/1963388838350360694; BitMEX Research blog https://blog.bitmex.com/removing-bitcoins-guardrails/ For trading decisions, this draws focus to monitoring BTC fee rates, mempool backlog, and miner revenue sensitivity when miner transaction-selection practices face scrutiny. Source: Adam Back on X highlighting miner inclusion of 'spam' https://twitter.com/adam3us/status/1963388838350360694; BitMEX Research blog providing referenced analysis https://blog.bitmex.com/removing-bitcoins-guardrails/

According to @rovercrc, Bitcoin’s hash rate is accelerating parabolically and he asserts that BTC price follows the hash rate. Source: Crypto Rover (@rovercrc) on X, August 9, 2025. Bitcoin hash rate represents the total computational power securing the network, and sustained increases typically lead to higher mining difficulty via the 2016‑block adjustment rule. Source: Bitcoin.org Developer Guide. For trading, @rovercrc’s view frames the rising hash rate as a bullish signal to monitor for potential momentum in BTC, alongside miner-related equities and upcoming difficulty changes for confirmation. Source: Crypto Rover (@rovercrc) on X, August 9, 2025; Bitcoin.org Developer Guide.

According to Farside Investors, Cango (CANG) has been added to the miner dashboard with a reported monthly production of 650.5 BTC for July 2025, while HUT has been removed due to discontinued monthly reporting. Cango's total Bitcoin holdings now stand at 4,529.7 BTC, positioning the company as a significant BTC holder among public miners. This sizeable production and holding update is likely to influence BTC miner stocks and overall market sentiment, providing important data for traders assessing miner impact on Bitcoin supply and price dynamics. Source: Farside Investors.

According to CryptoMichNL, U.S. tariffs on imported ASICs could increase costs for Bitcoin miners by 10-50%, potentially slowing the growth of U.S. hashrate but not ending its dominance, as stated by Taras Kulyk, CEO of Synteq Digital. Kulyk noted that while the U.S. remains the largest global source of BTC hashrate, its growth may plateau due to expansion in countries like Pakistan and Ethiopia. Jeff LaBerge of Bitdeer emphasized that competition from AI data centers is a larger threat, diverting resources and pushing miners towards efficiency improvements, which could affect BTC supply dynamics and mining profitability.

According to Crypto Rover, on-chain data indicates that Bitcoin miners are not selling their BTC holdings, which demonstrates strong confidence in future price appreciation (source: Crypto Rover via Twitter, May 8, 2025). Historically, when miners retain their mined coins, it often reduces market sell pressure and can act as a bullish indicator for traders seeking long opportunities. This behavior suggests a positive sentiment among 'smart money' participants and may lead to increased spot demand, impacting Bitcoin and the broader cryptocurrency market.

According to Lex Sokolin, referencing data and comments from @mikealfred and @Invst_Informant, most publicly traded Bitcoin miners are currently valued at low earnings multiples compared to traditional tech and energy stocks. This is primarily due to market concerns over Bitcoin price volatility, regulatory uncertainty, high operational costs, and the recent halving event, which has tightened miner profit margins (source: Lex Sokolin on Twitter, May 5, 2025). For traders, these low multiples may indicate undervaluation if Bitcoin prices recover or stabilize, but the sector remains high risk due to ongoing macroeconomic and regulatory pressures. Monitoring miner profitability and BTC network metrics is crucial for anticipating potential price movements in related crypto assets.

According to @AltcoinGordon citing The Wall Street Journal, a significant European power outage was triggered by excessive energy consumption from Bitcoin mining operations, causing the grid to crash. This unexpected infrastructure failure has led to widespread concerns over regulatory crackdowns on crypto mining, increased volatility in Bitcoin prices, and potential shifts in mining activity to other regions. Traders are advised to closely monitor regulatory updates and energy policy changes in the EU, as these factors could drive sudden price swings and liquidity shifts in the crypto market (Source: WSJ via @AltcoinGordon).

According to BitMEX Research, Bitcoin miners with secondary businesses in merchandise like t-shirts are facing challenges due to the current market conditions. This could affect their profitability and liquidity as the cost of mining remains high while Bitcoin prices fluctuate. Miners might need to reconsider their business strategies to adapt to the volatility. (Source: BitMEX Research)

According to AltcoinGordon, JP Morgan reported that 14 public Bitcoin miners experienced a 25% loss in their market value during March, amounting to $6 billion, marking their worst month ever. This information is critical for traders as it indicates potential market volatility and recovery efforts by miners to regain lost value.