# Bad timing 

By [xnghn](https://paragraph.com/@xnghn) · 2022-09-06

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Further clouds on the horizon meanwhile made Sept. 15 a key date in crypto traders’ diary.

**_Related:_** [**_Bitcoin mining has never been more competitive even as BTC loses 13% in August_**](https://cointelegraph.com/news/bitcoin-mining-has-never-been-more-competitive-even-as-btc-loses-13-in-august)

Just days after the August Consumer Price Index (CPI) inflation print would be due, [payouts](https://cointelegraph.com/news/mt-gox-trustee-releases-repayment-procedures-update) as part of the [Mt. Gox rehabilitation process](https://cointelegraph.com/news/mt-gox-trustee-releases-repayment-procedures-update) would begin after years of legal work.

Creditors would thus start to receive a share of almost 140,000 BTC, last traded at a price below $500 a coin.

While the resulting selling pressure is a topic of debate, the [launch coincides with the Ethereum Merge](https://cointelegraph.com/news/ethereum-merge-and-the-hefty-tax-bill-you-could-be-in-for), where the largest altcoin by market cap jettisons proof-of-work for proof-of-Stake as its consensus algorithm.

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*Originally published on [xnghn](https://paragraph.com/@xnghn/bad-timing)*