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Bypassing exchanges. Investors come to miners to obtain bitcoins

Bypassing exchanges. Investors come to miners to obtain bitcoins

Investors interested in wholesale bitcoin purchasing are looking for alternative channels and addressing miners directly. In particular, it was stated by Bitfury mining company.

According to Twitter message of George Kikvadze, Vice Chairman of the company, Bitfury receives requests for purchasing 30-50 thousand BTC from large foundations.

Bypassing exchanges. Investors come to miners to obtain bitcoins

The main advantage of such deals is purchases without increasing exchange rate and wasting extra costs for exchange deals. Besides, cryptocurrency platforms often can’t satisfy customers’ demand because of limited purchase-sale amount.

However, according to Kikvadze, Bitfury refuses similar offers.

We would like to remind you that the bitcoin rate came close to one thousand point at the end of the year. As of the date of publication, 1 BTC costs in average 960 US dollars.