Saturday, October 9, 2021

CryptocurrencyNews :The overall Bitcoin mining revenue has increased sharply

Bitcoin miners have seen a jump in their overall income in the last few weeks amid a surge in revenue from block rewards.

Data shows that Bitcoin mining revenue jumped above the $40 million/day level in October, which is up by +275% since the pre-halving period of $14M to $18M/day.

One of the major reasons behind that is BTC’s significant price rally since the halving event. Bitcoin is up by more than 500% since May 2020.

https://preview.redd.it/fzf5e95l9es71.png?width=905&format=png&auto=webp&s=0e97ca3985fcc88e7f439e3885bd50287f80a561


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