> Miners don’t want to sell their freshly mined bitcoins, as this would risk crashing the price of bitcoin — so instead, they borrow against the bitcoins, and against their rigs, too!
Is that really true? Maybe for a large enough miner, but small miners aren't going to crash the price by selling. And if they knew it would crash, couldn't they just short the market before selling?
Is that really true? Maybe for a large enough miner, but small miners aren't going to crash the price by selling. And if they knew it would crash, couldn't they just short the market before selling?