Mining brought record income as the value of the first cryptocurrency rose to an all-time high in$ 49.7 thousand
Bitcoin miners have earned in the last week$ 354.4 million, which is $ 4 million more than the last record set in 2017, Coindesk writes. Calculations are made on the basis that the mined cryptocurrency is immediately sold. More than 15% of income in the last 7 days came from commission fees.
“Miners are incredibly optimistic aboutthe future of the industry. January and February 2021 were record highs. Miners take all the profits and reinvest them back into the business to increase the hashrate, ”explained Ethan Vera, co-founder of Seattle-based mining company Luxor Technology.
Earlier, Bitcoin has updated its all-time high,exceeding the cost of $ 49.7 thousand. This led to a shortage of equipment for mining. Large manufacturers have already sold their products almost until the end of this year. The price of new devices for mining cryptocurrency has also increased. For some of them, the mark-up is already almost 100%.
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