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The Block: Bitcoin Miners Saw Total Income Break $1.4 Billion in August, An Increase Of 45% From July

Mary Liu

Summary: According to data compiled by The Block Research, Bitcoin miners saw their total income reached approximately $1.41 billion in August, an increase of approximately 45% from the $97183 million in July, but lower than the historical peak of $1.75 billion set in March. As the ratio of transaction fees to total Bitcoin mining revenue, August ...

According to data compiled by The Block Research, Bitcoin miners saw their total income reached approximately $1.41 billion in August, an increase of approximately 45% from the $97183 million in July, but lower than the historical peak of $1.75 billion set in March.

As the ratio of transaction fees to total Bitcoin mining revenue, August was the fourth consecutive month of decline, falling from July’s 3.1% to 1.35% in August. The vast majority of revenue came in the form of block subsidies.

By Mary Liu

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Link: The Block: Bitcoin Miners Saw Total Income Break $1.4 Billion in August, An Increase Of 45% From July   [Copy]
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