@idiosyncratic1 9 October 2021 more from that month

Miners do not sell #Ethereum as before Among all the risks that we are taking while moving our assets to cryptoland, miners are the point that bothers me more than many other aspects. While they have the power to manipulate the main chain via uncle chains, their existence is crucial for ecosystem to exist, too. Briefly, they are essential but they are powerful to be threat for blockchains. The news about Ethereum is quite bullish for the price as the miners are the major suppliers of the coins. Imagine a factory not selling their products... Then the existing products on the market may be overpriced as the supply and demand laws work anywhere; anytime... Apart from their effect on price, this is a good sign for the future of crypto if the miners can compensate their expenses from fiat by holding all #crypto assets 😉 The news: https://cointelegraph.com/news/amount-of-eth-held-by-miners-reaches-highest-level-since-2016 #Cryptocurrency