Bitcoin miners’ revenue has broken a record since day one, with a total of over $50 billion.
Since the birth of Bitcoin, miners have reached a high financial peak, generating $50.2 billion in revenue. Miners’ income reached record levels.
Bitcoin Miners Revenue Reaches Record Level
Blockchain analytics firm Glassnode has revealed that the all-time estimated input cost for miners is $36.6 billion. Additionally, it reveals that the all-time total profit margin for miners came to $13.6 billion, or an impressive $37 billion.
Data from Glassnode shows us that the revenues of Bitcoin miners have reached $ 50 billion in total. This figure was an all-time high.
Bitcoin mining remains the beating heart of Blockchain. Mining keeps the network alive by verifying and adding transactions.
Miners’ income is calculated along with factors such as Bitcoin’s value, transaction fees, and mining difficulty adjusted for the network’s total computing power. As the value of Bitcoin rose, the revenue generated by miners also increased significantly.
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