Daily Bitcoin Miner Revenue Reached New Peak Amid BTC Rally, Exceeding April 2021 Levels
Amidst a market-wide rally, Bitcoin miner earnings have soared to a new high.
Amidst a market-wide rally, Bitcoin miner earnings have soared to a new high.
The report highlights miners' need to be proactive for profitability, not just maintaining their network position.
Bitcoin miner revenue achieved its second-highest daily performance in history, a day after the crypto blasted past its ATH.
The crypto mining firms nearly doubled its production rate, but surging BTC prices also helped.
Bitcoin miners sent a whopping 700,000 BTC to OTC desks in just a few weeks.
The BTC difficulty metric increased to over 80 trillion for the first time ever.
Bitcoin whales appear to be betting big, accumulating over 100,000 BTC amidst market optimism.
CleanSpark expands operations with four new mining facilities, boosting hashing power ahead of the Bitcoin halving.
Ethiopia is attracting Bitcoin miners from China with its competitive electricity costs, establishing itself as a major mining hub.
The decline in Bitcoin transactions can be attributed to less activity from Ordinals inscriptions and BRC20 tokens.