Express

Bitcoin Miner Revenue Surpasses $20 Billion USD

Emily Mason

Summary: In the past 2 years, Bitcoin miners have earned more than they did in the first decade of Bitcoin's existence, according to a recent tweet from CTO of Glassnode. Bitcoin miner revenue has surpassed $20 billion USD, Glassnode reported. This data shows that Bitcoin miners are pulling in more revenue than ever securing Bitcoin's network. ...

In the past 2 years, Bitcoin miners have earned more than they did in the first decade of Bitcoin's existence, according to a recent tweet from CTO of Glassnode.

Bitcoin miner revenue has surpassed $20 billion USD, Glassnode reported. This data shows that Bitcoin miners are pulling in more revenue than ever securing Bitcoin's network. Bitcoin's recent rally pushing the cryptocurrency past its all-time-high price of $20,000 also contributed to the spike in miner revenue. At the time of writing, Bitcoin is trading hands for $35,592 and is down 10.86%.

By Emily Mason

Last Update:

Tags: ,,
Link: Bitcoin Miner Revenue Surpasses $20 Billion USD   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 11 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago

    • You need to login to comment.