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Bitcoin Miner Revenue Skyrockets As Cryptocurrency's Price Continues To Rally

Emily Mason

Summary: Bitcoin mining revenue has tripled in the past three months as Bitcoin's price has continued to rally, as reported by CoinDesk. In early October, miners were earning $0.078 per terahashes per second (TH/s). That revenue has increased by 265%, reaching $0.284 Thursday. Miner revenue has not reached these levels since August 2019, data from Luxor ...

Bitcoin mining revenue has tripled in the past three months as Bitcoin's price has continued to rally, as reported by CoinDesk.

In early October, miners were earning $0.078 per terahashes per second (TH/s). That revenue has increased by 265%, reaching $0.284 Thursday.

Miner revenue has not reached these levels since August 2019, data from Luxor Technologies shows.

By Emily Mason

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