Bitcoin Miners Score Record Monthly Revenues At Over $2 Billion
The Bitcoin mining market had its most rewarding month ever in March, filching over $2 billion for protecting the leading crypto network.
Information from Blockchain.com reveals that miners, in aggregate, balanced $65.23 million each day over the 30 days ending March 31.
Miners In Massive Profit
The most recent figure shatters the 30-day averages of the previous 2 months, which were simply $48.31 million since February 29, and $43.29 million since January 31.
Miner profits are practically totally depending on Bitcoin's market value, given that the variety of freshly mined coins stays primarily the very same at any provided time, regardless of need. Throughout March, Bitcoin regularly traded above $60,000 USD, topping an all-time high of over $73,000 on March 13.
The large bulk of miner ben...