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21 January 2021

Bitcoin Miners Saw 48% Revenue Increase in November - CoinDesk

Bitcoin Miners Saw 48% Revenue Increase in November - CoinDesk


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Bitcoin miners generated an estimated $522 million in revenue in November, up 48% from October, according to on-chain data from Coin Metrics analyzed by CoinDesk.

Network fees brought in $54.9 million in November, or nearly 11% total revenue, a slight percentage decrease from the 12.2% of revenue represented by fees in October. .

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