Tags : Revenue

Bitcoin

Bitcoin Miner Revenue Hits New All Time High Among Other

Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to figures from on-chain analytics site Glassnode, miners are now making an aggregate $64 million from newly minted coins and fees — up nearly 400% since a year ago. It’s […]Read More

Market

Bitcoin Miners Earn Record Hourly Revenue of $4 Million

Bitcoin’s price rally is proving a windfall for the miners of the world’s biggest blockchain. Miners collected a record single-hour revenue of $4.06 million during the 60 minutes to 17:00 UTC on Thursday, according to data provided by the blockchain analytics firm Glassnode. Transaction fees accounted for more than $47,000 of the record hourly revenue. […]Read More

Market

Bitcoin Miners Saw Revenue Rise 62% in January From December

Bitcoin miners generated an estimated $1.1 billion in revenue in January, up 62% from December, according to on-chain data from Coin Metrics analyzed by CoinDesk. The surge in revenue came as bitcoin‘s price climbed from $29,000 to just below $42,000 in the first half of the month before levelling off through the last two weeks. […]Read More

Market

Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge

Bitcoin’s mining difficulty just reached a record high above 20.6 trillion as more people are mining at a larger scale than ever before thanks to ballooning mining revenue and bitcoin’s parabolic price rally. “A new difficulty all-time high is no surprise considering mining revenue has tripled in recent months,” said Edward Evenson, business development lead […]Read More

Market

Bitcoin Miners Saw 33% Revenue Increase in December

Bitcoin miners generated an estimated $692 million in revenue in December, up 33% from November, according to on-chain data from Coin Metrics analyzed by CoinDesk. Extending November’s own 48% increase, miner revenues continued to soar as bitcoin rallied over 300% last year, briefly trading above $29,000 for the first time ever on New Year’s Eve.  […]Read More