December 4, 2021

Bitcoin miners earned $ 1.72 billion in October

Bitcoin miners earned $ 1.72 billion in October

According to monthly data from The Block, bitcoin miners earned $ 1.72 billion in October, reaching second highest value.

October figures exceed April's $ 1.7 billion - and fall slightly short of the all-time high of $ 1.75 billion in March.

Bitcoin miners earned $ 1.72 billion in October

Most of the profit was received for finding a new block - 6.26 BTC or $ 386.3 thousand. Transaction fees accounted for 10% of total monthly revenue.

The upward trend in miners' earnings observed sinceend of summer, continues. After the halving, the total income of miners of the first cryptocurrency increased by 275%. At the beginning of last month, their daily profit reached $ 40 million, and the amount of commissions was a three-month maximum in commission income.

Bitcoin miners earned $ 1.72 billion in October

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