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Bitcoin miners added 1,797 BTC last week, their biggest gain in six weeks, despite a drop in network hashrate.

Protocol Fundamentals
01 Nov 2026, 08:29 WIB
Tokenpost
View Source
Bullish
Bitcoin miners added 1,797 BTC last week, their biggest gain in six weeks, despite a drop in network hashrate.

Bitcoin miners increased their holdings by 1,797 BTC in the week ending October 31, reaching a total of about 1.1941 million BTC. This marks their largest weekly accumulation in roughly six weeks. Meanwhile, the network’s seven-day average hashrate declined by approximately 12.45 exahashes per second to around 1.053 zettahashes per second. The Puell Multiple, a metric comparing the daily dollar value of newly mined BTC to its yearly average, slightly decreased to 1.03, indicating stable mining profitability.

Bitcoin miners' recent accumulation of 1,797 BTC and total holdings of about 1.1941 million BTC provide context for cryptocurrency market activity. For readers following the broader crypto market, here is Pluang's snapshot as of Nov 01, 2026 12:01 WIB: out of 50 major cryptocurrencies, 28 rose and 21 fell today. Notable movers include ALGO at Rp1.697 with a 1-day change of -2.19%, ZIL at Rp35 with -2.11%, and FTM at Rp11.382 with -2.05%.

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