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Thursday

22 April 2021

Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month – Mining Bitcoin News

Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month – Mining Bitcoin News


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On Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees.

The price has been driving the hashrate higher as miners are dedicating a lot of resources toward finding bitcoin blocks.

Of course, this mining difficulty change will depend on the amount of hashrate produced at that time.

While there are 17 pools dedicating hashrate to the BTC chain, during the last six months major institutions like Marathon, Foundry, Blockcap, and Hut 8 have been making moves in the North American region.

What do you think about the bitcoin mining statistics this week and the network’s mining difficulty spiking.

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