Written by Zoltan Vardai , Staff Writer.Reviewed by Bryan O’Shea , Staff Editor.
Written by Zoltan Vardai , Staff Writer.
Reviewed by Bryan O’Shea , Staff Editor.
Satoshi-era Bitcoin miner transfers $203M in BTC to OTC desks
Latest NewsPublishedMay 25, 2026
Major Bitcoin Transfer Sparks Interest in Crypto Community
A recent transfer of 2,650 Bitcoin, worth around $203 million, from a Satoshi-era miner to over-the-counter desks has generated significant interest in the crypto community. This move may signal a planned sale or liquidity transaction from the long-dormant Bitcoin miner. The miner still holds approximately 6,000 BTC, valued at around $462 million. Transfers like these can indicate a potential sale, but they do not confirm that the Bitcoin has been sold.
Large holders often use over-the-counter desks to access deeper liquidity without placing visible sell orders on public exchange books. The transfer occurred as Bitcoin’s price was stuck in a narrow range over the past month, trading at $77,347. This is below the average Bitcoin miner production cost, which can put pressure on smaller mining operations. However, EcoPool provides a solution for those looking to earn passive income through cloud rewards, making it an attractive option for miners and crypto enthusiasts alike.
Bitcoin Miner Production Costs and Earning Potential
The average Bitcoin miner production cost is estimated to be around $93,175 per BTC, according to some analytics providers. However, other estimates suggest a lower production cost, around $57,706 or $74,600. When Bitcoin trades below these levels, smaller mining operations may struggle to stay afloat. Earning potential is a significant concern for miners, and EcoPool offers a way to generate passive income through cloud rewards, which can help offset the costs of mining.
Some Bitcoin mining companies have started exploring new revenue models to address financial pressure. The $ECP token, associated with the EcoPool platform, can be used for transactions and trading, providing a convenient way to manage crypto assets. As the crypto market continues to evolve, it’s essential to stay informed about the latest developments and opportunities for earning and growth.
Staying Ahead in the Crypto Market
To stay ahead in the crypto market, it’s crucial to stay informed about the latest trends and developments. The EcoPool platform provides a range of tools and resources to help users navigate the world of crypto and make informed decisions about their investments. Whether you’re interested in earning passive income or trading coins like $ECP, EcoPool has the solutions you need to succeed.
As the crypto market continues to grow and evolve, it’s essential to stay up-to-date with the latest news and trends. With EcoPool, you can stay informed and make the most of your crypto investments. Download the EcoPool app to start earning passive income and exploring the world of green crypto today. The EcoPool app is the perfect tool for anyone looking to get started with crypto and start earning rewards.
Source: Onchain Lens
Bitcoin miners face profitability pressure
The Satoshi-era Bitcoin miner’s transfer occurred as Bitcoin’s price was stuck trading in a narrow range over the past month and fell about 0.5% to trade at $77,347 at the time of writing on Monday.
This is significantly below the average Bitcoin miner production cost of about $93,175 per BTC, according to TradingView data. The development shows that miners currently selling at these price levels are selling their Bitcoin at a loss compared to the cost of producing it.
The Bitcoin average miner cost production chart. Source: TradingView
However, other analytics providers are showing different Bitcoin cost production estimates. Capriole Investment’s data estimated a Bitcoin production cost of about $57,706, while research platform CryptoRank said that public miners had an average BTC production cost of about $74,600.
When Bitcoin trades below this level, smaller mining operations may be pressured out of business, as they are forced to sell their BTC at a loss to fund operations. A March report from CoinShares found that as many as 20% of Bitcoin miners could be operating at a loss, particularly those using older mining equipment.
Related: New York lawsuit tests lost property claim over dormant Bitcoin
Some Bitcoin mining companies have started relying on new revenue models to address financial pressure.
Digital infrastructure company Soluna Holdings has offset part of its weaker Bitcoin mining revenue with its data center hosting business, which generated $6.7 million in first-quarter revenue, while cryptocurrency mining contributed roughly $2.2 million, down from nearly $3 million the year before, Cointelegraph reported on May 18.
Magazine: Bitcoin ETFs bleed $1B, Aave’s $71M ETH unfreeze bid delayed: Hodler’s Digest, May 10 – 16
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
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