Bitcoin Miners Made Record-High Revenue in January 2021

Dhash
Mar 26, 2021

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According to statista.com, last month, Bitcoin miners made the record high, $1.09 billion in revenue, surpassed the revenue made in December 2017.

In January 2018, Bitcoin miners’ revenue was $1.02 billion. The January revenue this year for Bitcoin miners also surpassed the 2018 number.

The second-highest monthly revenue for bitcoin miners was recorded in December 2017 with over $1.25 billion at the peak of the last market bull run.

According to the Block, $997 million out of the $1.09 billion revenue from last January were from the Bitcoin block rewards. As Bitcoin price jumped above $30,000, the block rewards value increased drastically.

There is a supply shortage of the newest mining equipment, as a result, the mining difficulty growth has been static.

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Dhash
Dhash

Written by Dhash

DHM is the first standardized perpetual hasrate, tradable with exchange-level liquidity. Stake DHM and mine bitcoin now on dhash.finance.