Bitcoin miners beat 2017 record, earning $ 354 million in a week

According to Coin Metrics, the total revenue of Bitcoin miners over the past week was $ 354.4 million, which is a new record.

The previous high was recorded in December 2017, when total revenue reached $ 340 million.

Network data shows that last weekminers mined approximately 300 million worth of BTC coins, and received the rest from growing transaction fees. At the same time, according to a Glassnode report, in February they began to return to the accumulation of digital assets.

Analysts believe that achieving record levels of incomeafter halving is an encouraging factor in terms of long-term investment in this direction. A decrease in the supply of bitcoin to the market may also indicate preparations for further growth in the course.

At the same time, Glassnode notes that while miners are collecting coins, investors continue to actively take profits and redistribute their assets.

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