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Coinbase Says Miners’ Sales of Newly Minted Bitcoins Don’t Add Significant Market Pressure

If all newly issued bitcoin were immediately sold on the market each day, it would equate to only 900 BTC of selling pressure, the report said.

A Bitfarms employee inspecting miners at Cowansville, Quebec. (Aoyon Ashraf/CoinDesk)
A Bitfarms employee inspecting miners at Cowansville, Quebec. (Aoyon Ashraf/CoinDesk)