Browse By

Bitcoin miners are making $2 million an hour in 2021

Bitcoin (BTC) miners are generating significant revenue from their work of protecting and validating transactions on the network.

Bitcoin miners are making $2 million an hour in 2021

Bitcoin miners are making $2 million an hour in 2021 (Image: Getty Images)

So far, in 2021, they have generated more than $6,059 billion in rewards for issuing new cryptocurrencies and transaction commissions.

On average, they are generating almost $50 million a day. That is, about $2 million an hour.

According to data from The Block, the highest volume of revenue this year was recorded during the months of March and April.

Bitcoin miners revenue

Bitcoin miners revenue (Image: The block)

The third month of the year was the most profitable, with $1.75 billion generated, representing the best month in history for Bitcoin miners.

Of this amount, $1.583 billion comes from the issuance of BTC and another $167 million from transaction fees. In April the miners had a $1.7 billion revenue.

Only twice the monthly income of miners exceeded US $1.5 billion.

Leave a Reply

Your email address will not be published. Required fields are marked *