NEW!Incredible offer for our exclusive subscribers! Read More
Other

Bitcoin miners generated $1.7 billion in revenue during April

1 Mins read

Bitcoin miners hauled in $1.7 billion in revenue during the month of April, according to new data.

Источник: cryptonews.net

The April figure represents a slight decline compared to March’s $1.75 billion, as shown in the chart below. Miners were buoyed by high prices as bitcoin traded at an all-time above $60,000 earlier this month. At press time, bitcoin is trading hands at about $57,500 on Coinbase.

According to available data, 14.51% of the April revenue came from transaction fees — some $247 million. This figure represents the highest fee-to-revenue ratio since early 2018.

The strong month for bitcoin mining revenue comes during a period of change for the global sector. As previously reported, China’s long-running dominance of the mining space is fading, a process underpinned by growing investment in North America and high demand for hardware outside of China.

Related posts
CryptoNewsOther

ILLUVIUM x UPLINEX Fight for ETH! $25,000+ prize pool!

1 Mins read
ILLUVIUM x UPLINEX Fight for ETH! $25,000+ prize pool! The ILLUVIUM pleased to announce the start of the next and long-awaited distribution…
Other

Moonexbit received a $20 million investment from BlockTower Capital

2 Mins read
Why BlockTower invested in Moonexbit, how the future of cryptocurrency looks like and how you can take advantage of this opportunity BlockTower,…
AltcoinsBTCCryptoETHOther

ilonbit.net protects your money — Scheduled

2 Mins read
ilonbit.com Exchange, as bitcoin becomes more popular, more exchanges are springing up to buy, trade, and sell various cryptocurrencies. As a result, choose…
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *