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.


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