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Bitcoin Miners Sets New Daily Revenue Record

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Bitcoin miners been making around US$50 Million per day in the last 30 days

According to data gathered by The Block, the monthly revenue gained from bitcoin mining (BTC) reached a new record in March.

$1.5 Billion in Bitcoin Rewards and Fees, Difficulty Ramps Up to 23 Trillion With a 5% Increase on the Way

Of the total revenue of US$1.75 billion from mining this cryptocurrency, US$167.2 million (9.55%) came from transaction fees. In March, compared to February, there was an increase of 28.7% in total revenue and a decrease of 10.7% in transaction fees.

$1.5 Billion in Bitcoin miners Rewards and Fees, Difficulty Ramps Up to 23 Trillion With a 5% Increase on the Way

Daily mining revenue also reached its highest level – about US$60 million – on March 20.~ Also Glassnode mentioned that in 2020 Bitcoin mining firms were making nearly $12 million per day. The analytics firm also highlighted the latest accumulation trend by BTC miners. The world’s largest digital currency is currently trading near $57,000 with a market cap of more than $1.06 trillion.

READ more:  Coinbase Pro lists 3 cryptocurrencies and prices skyrocket


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The information expressed in this article is solely those of the author and do not necessarily reflect the vies of CryptoDeFinance.  Each and every investment and trading move involves high risk. You should always conduct your own research when making a decision in crypto investment.
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Bruno Marques

Hi! I am the CEO/Founder of Crypto DeFinance, and I am an Enthusiast crypto investor. I started this project so we can provide you with carefully curated news. If you like us and our news, share the posts and comment. Your visit and interaction is very important to us.
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