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05 December 2020

Bitcoin Bull Run Has Miners Earning Pre-Halving Profits - Decrypt

Bitcoin Bull Run Has Miners Earning Pre-Halving Profits - Decrypt


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And so it was, that on May 11 the total mining revenue for Bitcoin miners fell from $19 million to $7.9 million.

Then, almost on cue, mining revenue started to pick back up as more powerful miners went online and the price of Bitcoin increased.

As of yesterday, the most recent day for which Glassnode shows data, the Bitcoin mining revenue of all miners hit $18.3 million.

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