MYOBTC on Nostr: #Bitcoin Miners Score Record Monthly Revenues At Over $2 Billion The #Bitcoin mining ...
#Bitcoin Miners Score Record Monthly Revenues At Over $2 Billion
The #Bitcoin mining industry had its most lucrative month ever in March, pocketing over $2 billion for securing the leading crypto network. The latest figure shatters the 30-day averages of the previous two months, which were just $48.31 million as of February 29, and $43.29 million as of January 31. Miner revenues are almost entirely dependent on Bitcoin’s market price, since the number of newly mined coins remains mostly the same at any given time, irrespective of demand. Throughout March, #Bitcoin consistently traded above $60,000 USD, topping an all-time high of over $73,000 on March 13.
Published at
2024-04-03 08:36:49 GMTEvent JSON
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"content": "#Bitcoin Miners Score Record Monthly Revenues At Over $2 Billion\n\nThe #Bitcoin mining industry had its most lucrative month ever in March, pocketing over $2 billion for securing the leading crypto network. The latest figure shatters the 30-day averages of the previous two months, which were just $48.31 million as of February 29, and $43.29 million as of January 31. Miner revenues are almost entirely dependent on Bitcoin’s market price, since the number of newly mined coins remains mostly the same at any given time, irrespective of demand. Throughout March, #Bitcoin consistently traded above $60,000 USD, topping an all-time high of over $73,000 on March 13. https://image.nostr.build/6fff2980872b911469ff522a14ed271c7ba0d9b13fe0648bdc116ff362e32288.jpg ",
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