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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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2️⃣ #Creator Campaign Phase 2# |ZKWASM Topic: Share original content about ZKWASM or its trading activity on X or Gate Square to win a share of 4,000 ZKWASM!
Details 👉 https://www.gate.com/post/st - 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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The largest mining companies reported their results for September.
▪️Marathon Digital Holdings
Mined: 1242 BTC (15.86% more than August)
Sold: 800 BTC
Balance as of September 30: 13,726 BTC
▪️Argo Blockchain
Mined: 136 BTC (29.52% more than in August)
Sold: 153 BTC
Balance as of September 30: 32 BTC
▪️Riot Platforms
Mined: 362 BTC (8.71% more than August)
Sold: 340 BTC
Balance as of September 30: 7327 BTC
▪️Bitfarms
Mined: 411 BTC (7.31% more than August)
Sold: 362 BTC
Balance as of September 30: 703 BTC
▪️Bit Digital
Mined: 130,2 BTC BTC (7% less than August)
Sold: 67,6 BTC
Balance as of September 30: 821,1 BTC
What's happening in the mining industry?
If we go back to the statistics and look at how many BTC enter circulation every day, we will find that on average the number of daily mined BTC = 750-800 BTC. Accordingly, if sales are the priority, then most of the mined BTC are sold on the market.
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