Last week I was monitoring mining data and noticed some interesting movements in the market. The Bitcoin network's hash rate continues to rise, averaging 978.9 EH/s this week, April 16th, with peaks above 1,132 EH/s. Basically, competition among miners remains fierce.

What really caught my attention was the activity of major Bitcoin mining companies. MARA transferred more than 250 BTC, ending March with a total of 15,133 BTC sold. Meanwhile, Riot Platforms is also divesting positions, with suspected sales of 500 BTC. It seems miners are really under pressure.

The BTC price this week hovered around $73,155, fluctuating between $70,512 and $76,127, a 6% increase compared to the previous week. But what really worries those working in Bitcoin mining is the approaching 2028 halving. Profits are getting tighter, energy costs are rising and becoming more restricted, and the entire sector seems to be reorganizing, shifting more towards infrastructure. It’s a heavy transition period for those in this game.