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River Report: Corporate Bitcoin Buying Now Four Times Mining Pace

According to River, corporate Bitcoin purchases are running at four times current mining output levels.

BTC

Summary

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Terms & Concepts
  • Bitcoin mining: The process of validating transactions and securing the Bitcoin network by solving cryptographic puzzles; miners earn newly issued BTC as rewards.
  • Mining output: The rate at which new bitcoins are created via block rewards; often used to gauge supply issuance.