{"id":673253,"date":"2025-01-10T03:30:51","date_gmt":"2025-01-10T03:30:51","guid":{"rendered":"https:\/\/wncen.com\/?p=673253"},"modified":"2025-01-09T14:53:29","modified_gmt":"2025-01-09T14:53:29","slug":"survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts","status":"publish","type":"post","link":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/","title":{"rendered":"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts"},"content":{"rendered":"<p data-pm-slice=\"1 1 []\">Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price mark. Amid this movement, the market seems to be witnessing a notable trend among miners as they grapple with the effects of rising values and <a href=\"https:\/\/wncen.com\/bitcoin-news\/crypto-liquidations-710-bitcoin-ethereum-crash\/\" target=\"_blank\" rel=\"noopener \">selling pressure<\/a>.<\/p>\n<p data-pm-slice=\"1 1 []\"><a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/677f871bdf24d5265dd99a47-The-Strong-Remain-the-Weak-Exit-the-Market\" target=\"_blank\" rel=\"noopener nofollow\">Insights<\/a> from XBTManager, a CryptoQuant contributor, <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-may-rally-in-q1-2025-driven-by-us-feds-money-printing-predicts-arthur-hayes\/\" target=\"_blank\" rel=\"noopener \">shed light<\/a> on the challenges facing Bitcoin miners and the broader implications for the cryptocurrency market.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-may-rally-in-q1-2025-driven-by-us-feds-money-printing-predicts-arthur-hayes\/\" target=\"_blank\" rel=\"noopener \">Bitcoin May Rally In Q1 2025 Driven By US Fed\u2019s Money Printing, Predicts Arthur Hayes<\/a><\/div>\n<h2 data-pm-slice=\"1 1 []\">Miners Feel the Pressure As Bitcoin Remains Below $100K<\/h2>\n<p data-pm-slice=\"1 1 []\">In a post titled &#8220;The Strong Remain, the Weak Exit the Market,&#8221; XBTManager highlighted that Bitcoin&#8217;s appreciation has placed miners in a &#8220;precarious&#8221; position.<\/p>\n<p data-pm-slice=\"1 1 []\">The recent price surge above $100,000 initially brought substantial gains for miners, but subsequent corrections have intensified selling activity.<\/p>\n<figure style=\"width: 1280px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/img.cryptoquant.com\/213990\/quicktake\/0FqrnbN6_3bf938fec50225e05c26bc8d9b24ea6bd801ae411e03f4aa42960c6a4cd99319.png?resize=1280%2C720&#038;ssl=1\" alt=\"Bitcoin miner metric.\" width=\"1280\" height=\"720\"><figcaption class=\"wp-caption-text\">Bitcoin miner metric. | Source: CryptoQuant<\/figcaption><\/figure>\n<p data-pm-slice=\"1 1 []\">According to the analysis, miners have entered a state where their positions are &#8220;extremely underpaid,&#8221; leading to significant financial strain. XBTManager wrote:<\/p>\n<blockquote>\n<p data-pm-slice=\"1 1 []\">Following a sharp pullback in Bitcoin&#8217;s price, it entered a correction phase and rose again to the 102k levels, only to trigger another wave of heavy selling. As Bitcoin climbed to 102k, miner positions, which were in a &#8220;fairly paid&#8221; state, transitioned to an &#8220;extremely underpaid&#8221; state as selling pressure intensified at that level.<\/p>\n<\/blockquote>\n<p data-pm-slice=\"1 1 []\">Notably, as weaker miners exit the market, those with greater resilience are expected to persist, potentially opening opportunities for investors. XBTManager&#8217;s outlook suggests that assuming the current bull market remains intact, the ongoing challenges for miners could <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-faces-mixed-signals-institutional-investors-accumulate-amid-retail-weakness\/\" target=\"_blank\" rel=\"noopener \">present favorable conditions<\/a> for strategic buying.<\/p>\n<h2 data-pm-slice=\"1 1 []\">MVRV Indicator Hints At Bitcoin&#8217;s Continued Growth Potential<\/h2>\n<p data-pm-slice=\"1 1 []\">Another CryptoQuant contributor, CryptoOnchain, offered an additional perspective on Bitcoin&#8217;s market cycle. Analyzing the 100-day MVRV (Market Value to Realized Value) ratio, CryptoOnchain argued that Bitcoin has &#8220;yet to reach its peak&#8221; for this cycle.<\/p>\n<p data-pm-slice=\"1 1 []\">Historical data shows that the MVRV ratio reached a value of 3 during the market tops in the last two cycles. At present, this ratio stands at 2.14, indicating potential for <a href=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-as-the-new-sp-500-of-our-time-this-ceo-thinks-so\/\" target=\"_blank\" rel=\"noopener \">further upward movement<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">100-day moving average of MVRV: Bitcoin has not yet reached the top price of this cycle<\/p>\n<p>\u201cMVRV metric reached the value of 3 at the market tops in the past two cycles, whereas it currently stands at 2.14\u2026 it can be said that Bitcoin is preparing to move towards the top price of\u2026 <a href=\"https:\/\/t.co\/YlNLQwgE3w\" target=\"_blank\" rel=\"noopener nofollow\">pic.twitter.com\/YlNLQwgE3w<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/01022612?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">January 9, 2025<\/a><\/p><\/blockquote>\n<p data-pm-slice=\"1 1 []\">The MVRV metric, which helps identify market tops and <a href=\"https:\/\/wncen.com\/analysis\/btc\/bitcoin-price-pressure-98000\/\" target=\"_blank\" rel=\"noopener \">bottoms<\/a>, signals that Bitcoin may be preparing for another price surge in the coming months.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-faces-mixed-signals-institutional-investors-accumulate-amid-retail-weakness\/\" target=\"_blank\" rel=\"noopener \">Bitcoin Faces Mixed Signals: Institutional Investors Accumulate Amid Retail Weakness<\/a><\/div>\n<p>If the pattern from previous cycles holds true, Bitcoin could be on track to approach a new peak before the current cycle concludes. CryptoOnchain particularly concluded by noting:<\/p>\n<blockquote><p>Based on this, it can be said that Bitcoin is preparing to move towards the top price of this cycle, which is likely to occur in the coming months.<\/p><\/blockquote>\n<figure style=\"width: 3250px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/XB9T62wr\/\" alt=\"Bitcoin (BTC) price chart on TradingView\" width=\"3250\" height=\"1794\"><figcaption class=\"wp-caption-text\">BTC price is moving sideways on the 2-hour chart. Source: BTC\/USDT on <a href=\"https:\/\/www.tradingview.com\/chart\/HSuSIPeM\/?symbol=BINANCE%3ABTCUSDT.P\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<p>Featured image created with DALL-E, Chart from TradingvIEW<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price mark. Amid this movement, the market seems to be witnessing a notable trend among miners as they grapple with the effects of rising values and selling pressure. Insights from XBTManager, a CryptoQuant contributor, shed light on the challenges facing Bitcoin miners and the broader implications for the cryptocurrency market. Related Reading: Bitcoin May Rally In Q1 2025 Driven By US Fed\u2019s Money Printing, Predicts Arthur Hayes Miners Feel the Pressure As Bitcoin Remains Below $100K In a post titled &#8220;The Strong Remain, the Weak Exit the Market,&#8221; XBTManager highlighted that Bitcoin&#8217;s appreciation has placed miners in a &#8220;precarious&#8221; position. The recent price surge above $100,000 initially brought substantial gains for miners, but subsequent corrections have intensified selling activity. According to the analysis, miners have entered a state where their positions are &#8220;extremely underpaid,&#8221; leading to significant financial strain. XBTManager wrote: Following a sharp pullback in Bitcoin&#8217;s price, it entered a correction phase and rose again to the 102k levels, only to trigger another wave of heavy selling. As Bitcoin climbed to 102k, miner positions, which were in a &#8220;fairly paid&#8221; state, transitioned to an &#8220;extremely underpaid&#8221; state as selling pressure intensified at that level. Notably, as weaker miners exit the market, those with greater resilience are expected to persist, potentially opening opportunities for investors. XBTManager&#8217;s outlook suggests that assuming the current bull market remains intact, the ongoing challenges for miners could present favorable conditions for strategic buying. MVRV Indicator Hints At Bitcoin&#8217;s Continued Growth Potential Another CryptoQuant contributor, CryptoOnchain, offered an additional perspective on Bitcoin&#8217;s market cycle. Analyzing the 100-day MVRV (Market Value to Realized Value) ratio, CryptoOnchain argued that Bitcoin has &#8220;yet to reach its peak&#8221; for this cycle. Historical data shows that the MVRV ratio reached a value of 3 during the market tops in the last two cycles. At present, this ratio stands at 2.14, indicating potential for further upward movement. 100-day moving average of MVRV: Bitcoin has not yet reached the top price of this cycle \u201cMVRV metric reached the value of 3 at the market tops in the past two cycles, whereas it currently stands at 2.14\u2026 it can be said that Bitcoin is preparing to move towards the top price of\u2026 pic.twitter.com\/YlNLQwgE3w \u2014 CryptoQuant.com (@cryptoquant_com) January 9, 2025 The MVRV metric, which helps identify market tops and bottoms, signals that Bitcoin may be preparing for another price surge in the coming months. Related Reading: Bitcoin Faces Mixed Signals: Institutional Investors Accumulate Amid Retail Weakness If the pattern from previous cycles holds true, Bitcoin could be on track to approach a new peak before the current cycle concludes. CryptoOnchain particularly concluded by noting: Based on this, it can be said that Bitcoin is preparing to move towards the top price of this cycle, which is likely to occur in the coming months. Featured image created with DALL-E, Chart from TradingvIEW<\/p>\n","protected":false},"author":580,"featured_media":673277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[88240],"tags":[428,639,1119,78790,6664,10923,83531],"class_list":["post-673253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-miners","tag-btc","tag-btcusdt","tag-crypto","tag-crypto-market","tag-cryptoquant"],"acf":[],"yoast_head":"\n<title>Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts<\/title>\n<meta name=\"description\" content=\"Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts\" \/>\n<meta property=\"og:description\" content=\"Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-10T03:30:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-09T14:53:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel Edyme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@0xEdyme\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samuel Edyme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/\"},\"author\":{\"name\":\"Samuel Edyme\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\"},\"headline\":\"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts\",\"datePublished\":\"2025-01-10T03:30:51+00:00\",\"dateModified\":\"2025-01-09T14:53:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/\"},\"wordCount\":543,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024\",\"keywords\":[\"bitcoin\",\"bitcoin miners\",\"btc\",\"BTCUSDT\",\"crypto\",\"crypto market\",\"cryptoquant\"],\"articleSection\":[\"Bitcoin News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/\",\"url\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/\",\"name\":\"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024\",\"datePublished\":\"2025-01-10T03:30:51+00:00\",\"dateModified\":\"2025-01-09T14:53:29+00:00\",\"description\":\"Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price...\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024\",\"width\":1024,\"height\":1024,\"caption\":\"Survival of the Strongest: Bitcoin Miners Face Tough Choices as Selling Pressure Mounts\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\",\"name\":\"Samuel Edyme\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"caption\":\"Samuel Edyme\"},\"description\":\"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/wncen.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts","description":"Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/","og_locale":"en_US","og_type":"article","og_title":"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts","og_description":"Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price...","og_url":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2025-01-10T03:30:51+00:00","article_modified_time":"2025-01-09T14:53:29+00:00","og_image":[{"width":1024,"height":1024,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024","type":"image\/jpeg"}],"author":"Samuel Edyme","twitter_card":"summary_large_image","twitter_creator":"@0xEdyme","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Samuel Edyme","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/"},"author":{"name":"Samuel Edyme","@id":"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500"},"headline":"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts","datePublished":"2025-01-10T03:30:51+00:00","dateModified":"2025-01-09T14:53:29+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/"},"wordCount":543,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024","keywords":["bitcoin","bitcoin miners","btc","BTCUSDT","crypto","crypto market","cryptoquant"],"articleSection":["Bitcoin News"],"inLanguage":"en-US","copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/","url":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/","name":"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024","datePublished":"2025-01-10T03:30:51+00:00","dateModified":"2025-01-09T14:53:29+00:00","description":"Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price...","breadcrumb":{"@id":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024","width":1024,"height":1024,"caption":"Survival of the Strongest: Bitcoin Miners Face Tough Choices as Selling Pressure Mounts"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500","name":"Samuel Edyme","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","caption":"Samuel Edyme"},"description":"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/wncen.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts","url":"http:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/bitcoin-news\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024"},"articleSection":"Bitcoin News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin miners","btc","btcusdt","crypto","crypto market","cryptoquant"],"dateCreated":"2025-01-10T03:30:51Z","datePublished":"2025-01-10T03:30:51Z","dateModified":"2025-01-10T03:30:51Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts\",\"url\":\"http:\\\/\\\/wncen.com\\\/bitcoin-news\\\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/bitcoin-news\\\/survival-of-the-strongest-bitcoin-miners-face-tough-choices-as-selling-pressure-mounts\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/DALL\\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/DALL\\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024\"},\"articleSection\":\"Bitcoin News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin miners\",\"btc\",\"btcusdt\",\"crypto\",\"crypto market\",\"cryptoquant\"],\"dateCreated\":\"2025-01-10T03:30:51Z\",\"datePublished\":\"2025-01-10T03:30:51Z\",\"dateModified\":\"2025-01-10T03:30:51Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-09-14.51.13-A-visually-striking-digital-illustration-depicting-Bitcoin-miners-in-a-tense-and-challenging-environment-with-a-backdrop-of-mining-rigs-and-Bitcoin-l.jpg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/673253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=673253"}],"version-history":[{"count":2,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/673253\/revisions"}],"predecessor-version":[{"id":673316,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/673253\/revisions\/673316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/673277"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=673253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=673253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=673253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}